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The Basics of Bankruptcy Law

published January 01, 2013

By CEO and Founder - BCG Attorney Search left

( 40 votes, average: 4.2 out of 5)

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A bankruptcy practitioner needs to be a a jack-of-all trades. He will one day be negotiating the credit facility that will keep the debtor operating through bankruptcy, the next day massaging the employee retention package into place, and the day after that striding into court, guns blaring, to defend the debtor from a threatened, and potentially fatal, supply shutdown.
 
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The bankruptcy lawyer is the last of the old-time generalists, armed and willing to perform any task necessary to protect his client. At the heart of all of the bankruptcy lawyer's functions lies one central role: rescue worker. Companies are in bankruptcy for a reason - they've hit the perfect storm, and somebody's gotta come in and haul that boat into port, or at least make sure there arc enough lifeboats to go around. That someone is the bankruptcy lawyer - out to salvage the equipment, the crew, or, with luck, the whole boat.

Among the most common roles for a bankruptcy attorney are: litigator,dealing with commercial financing, M&A attorney,labor & employment,handling secured transactions and sometimes even COO.
 
TABLE OF CONTENTS
 
  1. The Bankruptcy Lawyer
  2. Why Bankruptcy Law?
  3. Bankruptcy Law: History and Current Trends
  4. Bankruptcy Law: A Typical Chapter 11 Case
  5. Consumer Bankruptcy and Bankruptcy Alternatives Chapter 7
  6. Bankruptcy Law: Law School and Internships
  7. Bankruptcy Law: Job Search Basics
  8. Bankruptcy Law: Career Development
  9. Bankruptcy Law: Leading Employers and Recruiters
  10. Types of Bankruptcy Lawyers
  11. Bankruptcy Law: Lifestyle
  12. Bankruptcy Law: A Day in the Life
  13. Bankruptcy Law: Practice Tips

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Alternative Summary

Harrison is the founder of BCG Attorney Search and several companies in the legal employment space that collectively gets thousands of attorneys jobs each year. Harrison’s writings about attorney careers and placement attract millions of reads each year. Harrison is widely considered the most successful recruiter in the United States and personally places multiple attorneys most weeks. His articles on legal search and placement are read by attorneys, law students and others millions of times per year.

More about Harrison

About LawCrossing

LawCrossing has received tens of thousands of attorneys jobs and has been the leading legal job board in the United States for almost two decades. LawCrossing helps attorneys dramatically improve their careers by locating every legal job opening in the market. Unlike other job sites, LawCrossing consolidates every job in the legal market and posts jobs regardless of whether or not an employer is paying. LawCrossing takes your legal career seriously and understands the legal profession. For more information, please visit www.LawCrossing.com.
( 40 votes, average: 4.2 out of 5)
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.