Law Firm Trend Watch: Financial Crisis Practice Groups

This afternoon, law firm Gibson, Dunn & Crutcher announced that it has created a Financial Markets Crisis Group “to help companies monitor, analyze, respond to, and participate in the development of the new financial environment and regulation.”  The Group has been formed in response to “recent dramatic economic events and as Congress and the Bush Administration reshape U.S. financial markets in Washington.”

Also this afternoon, law firm Bracewell & Giuliani announced its new Bracewell Task Force, “a multi-disciplinary Task Force to guide financial institutions, private investment funds, institutional investors and other market participants through the legislative, regulatory and enforcement challenges posed by the Troubled Asset Relief Act and other impending actions by Congress, the Treasury Department, the Federal Reserve and the SEC.”  The Bracewell Task Force will “focus in particular on legislation, regulatory actions, enforcement matters and strategic communications to assist market participants in their efforts to navigate one of the most significant governmental actions in the history of the U.S. economy.”

So that makes two.  Which law firm will be next?

Read the Bracewell & Giuliani press release

Read the Gibson, Dunn & Crutcher press release