ABF Journal speaks with New York partner Rick Hyman about 2021 being slower than anticipated for many restructuring professionals due to support from the federal government, unending liquidity from private lenders, and a further decline in interest rates. Hyman explains the ways in which the general economic recovery in 2022 may ironically correspond with an uptick in restructuring work.

Law.com* speaks with senior counsel Clif Burns about the challenges companies are facing when closing down branches in Russia with a considerable number of American employees. According to Burns, companies don’t want to start closing down operations while Americans are there and risk their arrest, and several strategies have been developed for paying Russia-based employees.

Corporate Counsel speaks with San Francisco partner Kristin Madigan, who observes that when in-house counsel hear the phrase ‘AI’ or ‘algorithms,’ it’s a signal that this is a product or tool that requires further scrutiny and that AI tool providers also want to make sure their products are used as they intended.

Bloomberg Law quotes New York partner Eric Su regarding the wave of wage-and-hour lawsuits against employers triggered by the cyberattack against human resource company Ultimate Kronos Group. According to Su, maintaining precise timekeeping can be a big challenge for establishing secondary payroll systems and inaccurate wage statements can invite lawsuits.

The American Lawyer features Crowell’s 2021 revenues, which are the strongest in its history and achieved during a year of unprecedented expansion for the firm. Crowell’s total headcount grew from 465 to 546 in 2021. During the past decade, firm revenue has increased 57.1 percent. “[2021] was a year where we exceed our own expectations,” said firm chair Phil Inglima.

The Am Law Litigation Daily features a Q&A with partner Ian Laird, co-chair of the International Dispute Resolution Group. Laird discusses how events unfurling on a daily basis will form the foundation for what evolves and develops over the next five-to-ten years, and the need for those affected by the invasion to determine where they fit into the developing landscape of legal disputes.