Job Survey

Featured Job Survey: The Bear Stearns Effect

While last week’s ATL / Lateral Link survey on hindsight is still open, today’s survey ponders the uncertain future. And Bear Stearns’s effect thereon.
Nathan Koppel has an interesting post on the WSJ Law Blog about which firms might miss Bear Stearns business. Verdict: it’s murky, but probably not that great for Latham, Skadden, Cadwalader, or Weil Gotshal, and a mixed bag for WilmerHale. (Wachtell and Cravath weren’t mentioned in the post, but since Wachtell advised J.P. Morgan in the deal, and Cravath represented Lazard as financial advisor to Bear, they might experience some short-term upside.)
John Carney has an interesting post on Dealbreaker about how the Bear Stearns collapse affected the chairman’s bridge game. Verdict: the guy was playing bridge??
And the litigation’s already afoot (PDF), suggesting that somebody out there is going to get to bill some heavy hours for the defense.
But how will it affect you? Will work slow down as investors circle the wagons, or will there be a regulatory response that actually increases the need for lawyers? Will shareholders’ fear of fire sales increase bankruptcy and litigation work?
Let’s find out, in today’s ATL / Lateral Link survey:
Update: This survey is now closed. Click here for the results.

Justin Bernold is a Director at Lateral Link, the sponsor of this survey.

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