Law Firm Trend Watch: Financial Crisis Practice Groups Update (K&L Gates; Mayer Brown)

Add K&L Gates and Mayer Brown to our quickly-growing list of law firms forming practice groups to assist clients in connection with the current financial crisis and expected bailout.  K&L Gates announced yesterday that “in response to the recent upheaval triggered by the credit crisis and the legislative response, K&L Gates LLP has organized a Global Financial Markets Group aimed at advising clients on analyzing and dealing with the complex and interconnected issues resulting from the global economic crisis, as well as anticipating and identifying future developments.”

Mayer Brown announced last week that “as a direct response to the turbulent market conditions and events over the past 12 days, leading international law firm Mayer Brown has launched a Financial Institutions Response Unit in London which includes selected lawyers experienced in complex financial transactions, restructuring, employment, pensions, tax, real estate, regulatory matters and banking litigation.”

Read the K&L Gates announcement

Read the Mayer Brown announcement