I have done some restructuring work".
Yet the restructuring work is far from over.
It has expanded beyond its origins in restructuring work, adding more traditional management consulting work.
About 60% of Lazard's fees, expected to fall to $250m this year, come from restructuring work.
Encouragingly, many big firms have already done some of the toughest restructuring work.
Since midsummer, he said, the pace of restructuring work has picked up notably.
Hence restructuring work could fundamentally change job satisfaction and industrial relations.
The gain was also driven by a sharp increase in restructuring work, as several assignments closed during the quarter.
AlixPartners has found a new backer, as the consultancy known for its restructuring work pursues global expansion.
They talked of redesigning the ladder itself -- of restructuring work and society in ways more compatible with humane values.
At his annual lunch presentation to the Turnaround Management Association's New York Chapter on Wednesday, Professor Altman outlined the relatively dim picture for restructuring work.
