Wake Up Call: Big Law Bankruptcy Lawyers Fall Out of Fashion

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• Kirkland & Ellis’ David Nemecek is among lawyers gaining popularity because they help financially-distressed companies avoid bankruptcy. “Clients do not want a bankruptcy lawyer the way they may have 20 years ago,” Vincent Indelicato of Proskauer Rose said. (Financial Times)
• LegalZoom is using its own law firm in Arizona, which allows non-lawyer owned legal operations, to offer patent services. The “self-guided patent package” is $299 and “premium attorney-assisted service” starts at $999. (Artificial Lawyer)
• David ...