Survey: Lawyers Expect Boom in Bankruptcy

A country that elects Barack Obama, a liberal lawyer, as its president should not be surprised by the results of a recent survey by Robert Half Legal: Three-hundred attorneys from among the largest law firms and corporations in the United States and Canada were asked, "In your opinion, which one of the following areas of law will experience the most growth in the next 12 months?" Their top two responses:  Bankruptcy 51% and litigation 31%.

"The current recession and financial crisis have increased demand for bankruptcy services and resulted in a higher volume of litigation," said Charles Volkert, executive director of Robert Half Legal. "In response, law offices are hiring lawyers and other legal professionals on a full-time and project basis to augment their practice offerings."

Welcome to Obama’s “Land of Hope and Change,” populated by more bankruptcy and litigation lawyers.

To read more about the survey, click here.

-- Bob McCarty Writes