Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

GRR Women in Restructuring Survey 2019

Kyriaki Karadelis

05 August 2019

GRR Women in Restructuring Survey 2019

Credit: iStock.com/ConceptCafe

GRR’s second Women in Restructuring survey is now open for submissions, building on the one we released a couple of years ago.

We are seeking to hear from women at all ages and stages of their restructuring and insolvency careers, whether they are lawyers, non-lawyer advisers, insolvency practitioners, academics, judges or in-house counsel.

The purpose of the survey is two-fold: to collect data on women’s experiences in the sector, and to recognise a number of women – past, present and future – who have broken ground in this often male-dominated field.

The first part of the GRR survey asks women to discuss their work, as well as their experiences of gender equality and diversity in the workplace.

The second part invites those submitting to nominate who they think are the three most influential women in cross-border restructuring and insolvency around the world at different stages in their careers.

The survey’s findings will be presented at a conference dinner open to all delegates following the inaugural GRR Live – IWIRC London Women in Restructuring Conference, which will take place in London’s Painter’s Hall on 7 November 2019.

During the dinner, the most-highly nominated women in the survey will also be recognised with awards for their contributions to the practice area.

Submissions to the GRR Women in Restructuring 2019 survey must be received by close of business on Friday 13 September.

We are particularly keen to hear from women from diverse cultural backgrounds and in jurisdictions outside the main restructuring hubs.

The 2017 survey

This will be the second Women in Restructuring survey that GRR has conducted: the first, published in 2017, featured 35 women discussing their experiences.

At the time, high-profile women like Carlyn Taylor, FTI Consulting’s global co-leader of corporate finance and restructuring, told GRR that restructuring was very much still “a male-dominated industry”.

“I’m always trying to convince women they should come into restructuring, but I think we’ve made only a small amount of progress in the 20 years that I’ve been doing it, which is a shame,” Taylor said, pointing out that the demands of the job are difficult to reconcile with family life. “Restructuring is a tough career for women … You’re on call and when you’re trying to save a company or trying to get it into bankruptcy you usually have short deadlines.”

GRR will be following up with many of the women who participated in the first survey to see whether their experiences and observations on gender diversity and equality in the work place have changed over the past two years.

Women in Restructuring conference 

For more information about the GRR Live – IWIRC London Women in Restructuring conference, please check out our event website.

The conference is being assembled by a steering committee of prominent women in restructuring and insolvency around the world, including co-chairs Debra Dandeneau, the head of Baker McKenzie’s global restructuring and insolvency group in New York, and Mia Drennan, founder and president of international loan and trustee services provider GLAS.

Other sponsors include Akin Gump Strauss Hauer & Feld, Kirkland & Ellis, South Square, TMF group, Freshfields Bruckhaus Deringer, AlixPartners, Maples Group, Ace Law Firm, K&L Gates and real estate advisers Avison Young.