Legal lessons: NYC real estate lawyers talk distressed debts, transaction trends

By Melissa Dehncke-McGill | June 22, 2012 10:30AM

From the June issue: Just as the law is a living and breathing entity, as the saying goes, the lawyers who deal with it are alive and well in New York City these days. While New York’s top real estate attorneys saw a major slowdown in work during the recession, their caseloads (and billable hours for that matter) have picked up steadily in the last year.

This month, The Real Deal talked to prominent lawyers, who described a legal environment that’s more akin to the steady-and-stable pre-boom days than to the frenzied boom itself. [more]