Bankruptcy work saw the largest decline of any practice area during the third quarter, according to the Thomson Reuters Peer Monitor Index. The report tallied a 12.2% decline in work in that space between July, August and September and the same time frame in 2020.
Yet law firm business leaders also expressed more confidence in the growth potential in bankruptcy than any other practice area, according to a recent survey. About 82% of respondents said they expected either moderate or high growth in bankruptcy next year.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]