The dramatic collapse of investment banking giant Lehman Brothers rocked financial markets around the world, as the credit crunch claimed its most high-profile victim to date.
The days that followed saw a flurry of action as the financial world scrambled to make sense of events. Here's how Legal Week reported the biggest stories; and check back for the latest updates as more news on the post-Lehman landscape continues to emerge.
Timeline
Thursday 6 November
Thursday 30 October
Monday 27 October
Friday 24 October
Thursday 23 October
Monday 20 October
Friday 17 October
Thursday 16 October
Wednesday 15 October
Tuesday 14 October
Monday 13 October
Friday 10 October
Thursday 9 October
Wednesday 8 October
Tuesday 7 October
Friday 3 October
Thursday 2 October
Tuesday 30 September
Monday 29 September
Friday 26 September
Thursday 25 September
Wednesday 24 September
Tuesday 23 September
Monday 22 September
Friday 19 September
Wednesday 17 September
Comment and analysis
Editor's Blog: Apocalypse, er, flat - Alex Novarese on the realistic outlook for law firms as the recession bites
Bredin Prat keeping busy amid banking crisis - Bredin Prat, the Paris-based boutique that represents France's corporate elite, has its hands full with bailouts, mergers, and outside counsel appointments
How is the Lehman bankruptcy like Hurricane Katrina? - How the US Government's decision to turn its back on Lehman showed "a lack of foresight"
Editor's Comment: Banking on who? - Alex Novarese on why the City finance model is in need of an update
Analysis: Banking on change - The post-Lehman revolution has left finance lawyers facing a much-changed world. Emma Sadowski and Alex Novarese ask if their model is still fit for purpose
Commentary: Turmoil generates work but increases conflict hassles - Upheaval in the banking world will make conflicts judgement calls harder than ever. Georgina Stanley reports
Commentary: Icelandic meltdown promises pain and gain on High Street - City law firms can expect to have their hands full as Icelandic investments in the
Editor's Comment: After the crunch - Alex Novarese on whether, in the wake of widespread government intervention, the credit crunch is now entering its final chapter
Between a rock and a hard place - CC partner Simon Gleeson on the mechanics of a bank collapse
RBS in public hands - embracing the Bretton Woods mood - Alex Novarese on the surprising reaction of the legal community to the Government's banking bailout
Citi-Wachovia deal off, lawsuits stand - The Am Law Daily's Alison Frankel reports on the dispute over the assets of troubled financial services giant Wachovia
Bullish, bearish and clueless... - How do law firms view their prospects in the wake of the market meltdown? Alex Novarese reports
Litigation in the limelight - Claire Ruckin reports from the Legal Week Litigation Forum as Lord Falconer predicts a new era of mega-litigation
Commentary: Tough M&A markets provide flight to Square Mile's finest - Alex Novarese on which law firms are making the most of the market turmoil
Congress doing more bad than good, says former SEC lawyer - Cadwalader's Bruce Hiler, a SEC former associate director of enforcement, on the US Government's bailout proposals
Commentary: Linklaters finds many silver linings on Wall St's cloud - Georgina Stanley on how Linklaters is riding the wave of mega-deals
After Lehman: from apocalypse to merger mania in three easy steps - Alex Novarese looks at the flurry of activity in the wake of Lehman's collapse
Maxwell, Barings... Lehman - are litigators to return to centre stage? - John Malpas on whether the market is set for a flood of big-ticket litigation
Commentary: The new world - What the changes in the banking world will mean for the legal profession
How free-market are lawyers feeling as public solutions turn the tide? - John Malpas on the US Government's billion-dollar bailout proposal
