- The post-Lehman landscape: a Legal Week Wiki special

The dramatic collapse of investment banking giant Lehman Brothers rocked the 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 news of the post-Lehman fallout.

Timeline

Thursday 4 December
Links set for £1m-plus weekly Lehman earnings

Thursday 13 November
Advisers gear up for creditors meeting as the Lehman effect drives litigation

Thursday 6 November
US duo land Treasury roles on $700bn bailout

Thursday 30 October
Lehman and recession fears batter confidence but half expect growth

Monday 27 October
Market rebound could take five years, says Lipton
Friday 24 October
Milbank owed $2.8m in unpaid Lehman bills

Thursday 23 October
Macfarlanes advises PE bidder circling beleagured Baugur as asset sale looms
Bank heads stand firm after Lehman rocks market
Freshfields heads up German banking bailout

Monday 20 October
Simpson Thacher set for $300k Treasury payout

Friday 17 October
UBS picks Sullivan as US counsel on $60bn bailout

Thursday 16 October
City lawyers match anti-market mood to back bank bailout deal
A&O lands role advising HBOS on £1.3bn sale of Australian assets

Wednesday 15 October
Cleary confirms US bailout plan role rejection

Tuesday 14 October
US duo join magic circle on UK bank bailouts
Davis Polk wins role on new $250bn US bank rescue

Monday 13 October
Citi chases $60bn damages in Wachovia dispute
Magic circle firms head up £37bn bank bailout 
Simpson Thacher wins Treasury role on US bailout

Friday 10 October
Court documents reveal Weil's $5m Lehman advance
Bakers chief urges calm in wake of slowdown

Thursday 9 October
A&O's Hynes to advise embattled Lehman CEO
UK trio lead on Icelandic bank administrations
Bank turmoil helps elite firms to tighten grip on M&A market
Banking turmoil sparks wave of takeover work for firms

Wednesday 8 October
Freshfields, Slaughters land £50bn banking bailout roles

Tuesday 7 October
Linklaters and Cleary lead on Fortis takeover

Friday 3 October
Shearman takes lead on Hypo Real Estate bailout

Thursday 2 October
Law firms land B&B, Dexia and Fortis roles
Nomura finalises closely-watched Euro line-up as Lehman deal goes through
Harbour pledges liquidation of fund won't hit dispute funding

Tuesday 30 September
Herbert Smith ally leads on Belgian bank bailouts
Weil Gotshal heads up new $2.15bn Lehman sell-off

Monday 29 September
US legal elite lead on Citi's Wachovia buy-out
Top UK trio line up on £40bn B&B nationalisation

Friday 26 September
Lehman legal jobs saved after Nomura deal
Sullivan acts on JPMorgan's $1.9bn WaMu buy-out

Thursday 25 September
Freshfields gets in on Nomura's Lehman buy-out

Wednesday 24 September
Simmons leads as Lehman litigation kicks off

Tuesday 23 September
Ashurst lands Lehman role on Nomura takeover
Wachtell: clamp down on shorting and CDS market
US trio act on Morgan and Goldman transformations
Skadden leads on Nomura's $230m Lehman purchase

Monday 22 September
New Lehman sell-off hands lead roles to US trio

Friday 19 September
FSA short-selling block backed by lawyers
Wednesday 17 September
CC advises Barclays on $1.75bn Lehman assets purchase
Links and A&O set to lead on Lloyds-HBOS talks
Falconer: Lehman will spark litigation boom
Lehman lawyers paid as hopes rise of UK deal
US trio lead on AIG's $85bn Government bailout

Tuesday 16 September
Lehman lawyers look for work as CC acts on Barclays asset hunt

Monday 15 September
City elite take lead roles on Lehman bankruptcy filing
Wachtell, Shearman head up $50bn Merrill sale

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 UK begin to unravel, as Charlotte Edmond reports

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