Law Practice
Sep. 19, 2014
Bankruptcy boutiques adjust to drop in filings nationwide
Insolvency boutiques have noticed a decline in business, a trend that experts attribute to the nationwide decrease in bankruptcy filings and a general change in the economics of the practice. Several firms have taken steps to adapt.
Daily Journal Staff Writer
In 2009, in the midst of the economic downturn, bankruptcy attorney Ovsanna Takvoryan started the Takvoryan Law Group in Glendale with her sister Kristine. Their insolvency boutique did well for the next several years, but as the economy started to turn around, their business dwindled.
Like the Takvoryan Law Group, other insolvency boutiques have noticed a decline in business, a trend that experts...
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