Law Firms Gear Up for Bailout-Bill Work

The meltdown has been good for some elite firms with New York roots and longstanding banking ties, such as Sullivan & Cromwell LLP, which has represented Lehman Brothers, Fannie Mae and Wachovia in the past weeks. Firms like Akin Gump Strauss Hauer & Feld LLP, K&L Gates and Chadbourne & Parke are now hoping the $700 billion package approved by Congress will become a "Full Employment Act" for lawyers...

Law Firms Gear Up for Bailout-Bill Work online.wsj.com Wed, Oct 15, 2008