The demise of Wall Street’s top players has been a major gain for some law firms. As they say, one person’s trash is another person’s treasure. Hughes Hubbard & Reed has its 12 bankruptcy lawyers busy, busy, busy handling the mess after the meltdown. The firm has boomed the practice group by two-thirds with the timely acquisition of a bankruptcy creditors’ rights and finance boutique, Luskin, Stern & Eisler.

Joining Hughes Hubbard are partners Nathan Eisler, Michael Luskin, and Richard Stern. And the main cause behind all the big changes came after the Lehan Brothers empire came crumbling down.

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