COVID-19 will permanently redefine the legal field. From how lawyers work and their need for a physical workspace, to fee arrangements, and the types of cases filed. Over the last few months, we’ve seen significant changes in BigLaw—firms have reduced their workforce, implemented hiring freezes, and shortened/ canceled their summer programs. Professor Nancy Rapoport joins us this week to discuss the evolving legal landscape and navigating a path forward. Join us next week for part two of our discussion with the Professor.

Ann Taylor and Lane Bryant are in serious trouble. Sales are cratering, and the company stopped paying certain landlords and suppliers. S&P Global has warned the retailer is at risk of default.

Yesterday, Hertz suspended its plan to sell up to $500 million in stock in a last-ditch effort to raise money.

Back in March, Congress passed a historic $2 trillion stimulus bill that reached millions of Americans. You may have received a check in the mail or a boost in unemployment insurance. But researchers and economists are saying the money Congress spent so far may not be enough. We’ll break down what still needs work, and what experts say Congress should prioritize.

The word “bankruptcy” comes with dark undertones: J.Crew announced it was filing for Chapter 11 bankruptcy last week, for example, and was immediately the subject of instantaneous eulogies, ours included.

As the COVID-19 pandemic rages on, the focus unsurprisingly has been on the exigent and obvious. No matter which industry you’re in, this pandemic threatens not only your life but your financial health. Though much has been written about industries in peril, far less has been written about industries—like law—that are poised to enjoy a Renaissance.

A growing number of companies will file for bankruptcies in 2020 as businesses remain shuttered due to the coronavirus.

Personal bankruptcies have been on the decline since the recession ended, but one reason people may not be filing for them is that the process is too expensive.