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Bankruptcy Exit Options

Posted: Tue Jun 09, 2015 10:48 am
by J90
Where do people leaving bankruptcy groups head on to, on the legal side? Beyond the business side?

I'd be curious about this for both debtor's-side and creditor-focused practices, but mostly debtor. Thanks.

Re: Bankruptcy Exit Options

Posted: Tue Jun 09, 2015 10:53 am
by CanadianWolf
Bankruptcy &, as another example, worker's compensation practices are quite narrow in scope so I doubt that there is a common exit path other than a move to a general business/corporate practice.

Re: Bankruptcy Exit Options

Posted: Tue Jun 09, 2015 11:01 am
by Anonymous User
summering with KE/Weil bk group, also interested in this. Also want to know--in addition to the substance of exit options--whether they're geographically limited given that most cases are filed in NY/DE

ETA: I'm not tied down to the bk group yet, exploring corporate within the firm as well, so hoping to know enough to choose at the end of the summer

Re: Bankruptcy Exit Options

Posted: Tue Jun 09, 2015 11:06 am
by minnbills
I know bankruptcy practice here in MN is basically a revolving door between the firms and USBank/Wells Fargo. Lots of people go in-house I guess.

I think more sophisticated restructuring practices (debtor or creditor) can lead to some opportunities in consulting/PE work as well