Senior attorneys at Gardere Wynne Sewell quickly establish Financial Crisis Recovery Team 
While some would prefer to burry their heads in the sand until this epic financial turmoil is over, for an example of how some law firms are reacting nimbly, consider Gardere Wynne Sewell's creation of its multi-disciplinary Financial Crisis Recovery

Team. In business nearly 100 years, Gardere Wynne Sewell LLP attorneys have seen their share of economic paradigm shifts. Taking a page from its playbook from the 1980s S&L crisis and the collapse of Enron, the firm quickly established a multi-disciplinary legal team to respond on behalf of businesses impacted by the credit crunch and market turmoil.

The firm's business and litigation attorneys are already working together on tasks including problem loans, debt restructuring, securities violations, tax issues, government contracts, employment law, breached contracts, and investigations and crisis management. Senior attorneys on the team are able to response to clients affected by the global crisis from every conceivable scenario. Cliff Risman, chair of Gardere's Business Department, notes that it's hard to understand the impact that this crisis on businesses and individuals. "This is more than a financial crisis - it poses fundamental challenges to the foundations and integrity of business operations," he says.