Slideshow: Triangle’s largest bankruptcy law firms

RALEIGH – While a modest economic recovery is underway, large numbers of companies continue to struggle to pay creditors, and that translates into lots of work for bankruptcy attorneys. Bankruptcy practices have grown noticeably at several Triangle-area law firms, both among the large firms that represent banks in all sorts of matters and among the small boutique firms that specialize in representing borrowers. Still, the largest bankruptcy practices are at relatively large firms, led by Smith Debnam, where seven attorneys represent creditors in pre-bankruptcy negotiations and then in bankruptcy cases. Smith Debnam attorney Byron Saintsing says banks’ sheer volume of loans means they end up channeling legal work to attorneys who in turn work on numerous problem loans, including large numbers of commercial loans and even larger number of loans to individuals. Read the rest at http://www.bizjournals.com/triangle/news/2013/03/14/slideshow-triangles-largest.html