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The impact of the pandemic and new inquiries from clients: a study of the bankruptcy market

Against the backdrop of the difficult economic situation in the country, bankruptcy practices continue to gain popularity. During the pandemic, they became more technologically advanced and more actively engaged in pre-bankruptcy audits. At the same time there was no mass financial collapse of companies, unlike the increased number of insolvent citizens. By analyzing the number of decisions on bankruptcy cases, the amount of claims and other indicators, the editors have identified law firms which are more active and successful than fellow lawyers in such disputes. Yulia Shilova of ART DE LEX agrees with her colleague. She believes that the growth of bankruptcies is unavoidable due to the decline in major economic indicators and the wave of anti-COVID restrictions.

More details at the link:  https://pravo.ru/story/235078/