Let's face facts - most aspiring lawyers don't grow up dreaming about arguing on behalf of reorganization plans in Bankruptcy Court. Lots of folks go to law school thanks to the passion of such mythic (albeit fictional) lawyers as Atticus Finch from "To Kill A Mockingbird." They go to law school because they believe in passion and justice and all that is good about America.
Probably the best way to understand the various roles of a bankruptcy lawyer is to walk through a sample Chapter 11 process, exploring its various twists and turns, from pre-filing to plan confirmation. This section focuses on a corporate Chapter 11 proceeding, as opposed to the alternative corporate process, a Chapter 7 liquidation.
Lawyering is often overwhelming, full of important decisions, adversarial situations and, especially in bankruptcy law, constant negotiation and communication with people. A few guiding principles will help you navigate this thicket. These principles are pretty simple - be honest, be ethical, and be clear. It's not so much that these standards of behavior will make you a morally upright citizen, although they surely will; but always minding these ideals will build and enrich your practice, make you a more effective practitioner and help provide you with signposts along this often tricky road.