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On Monday, in a rare show of resistance over a rarer meeting over scrutiny of fees, bankruptcy lawyers told officials of the Justice Department that they do not want to keep a budget, do not want to justify expenses under $500 and do not want to disclose details of their billing practices. Go figure. The bankruptcy lawyers were infuriated with the DOJ thinking of scrutinizing their fees which usually reach hundreds of millions of dollars of taxpayers’ money.
Onward and upward; before you develop a bankruptcy practice, you've gotta get a job. Landing a job in bankruptcy law is no different than getting any legal job. The routes to getting the "right" bankruptcy law position are the same as those for any other legal position, give or take a few bankruptcy-specific tricks.
Kelly Koyama is a third-year associate in the Workout & Bankruptcy and Litigation practice groups of the New York City office of decay, Gottlieb, Steen & Hamilton. Her practice is focused on Chapter 11 corporate proceedings, representing a variety of clients including debtors, individual creditors and asset acquisitions. This is an account of how she spent her day recently.