Changing industry, shifting priorities

Our industry is changing

Our industry is changing

Members expect more work in less traditional areas

Members feel restructuring and insolvency frameworks are largely trusted. Members distribute their time across Insolvency and Restructuring followed by Administration, Turnaround, and Investigations. This varies by region. Generally, members expect work to increase looking out to 2030, with net increases in Restructuring, Turnaround, Investigations, then Insolvency.  

Frameworks are largely trusted

87% of members respond that insolvency and restructuring frameworks in their sphere of influence are highly trusted or trusted

  • Highly trusted 32%
  • Trusted 55%
  • Not trusted 12%
  • Highly untrusted 1%

Our industry is changing

Members report they do most work in Insolvency then Restructuring. Investigations, Turnaround and Administration follow at almost equal third, by weighted average

  • Insolvency 4.9
  • Restructuring 4.6
  • Investigations 3.4
  • Turnaround 3.3
  • Administration 3.1
  • Other 2.2

Members generally anticipate work will increase over the decade to 2030, 48% rather than stay the same 42% or decrease 10%

Net increase in Restructuring 59%
Restructuring 66% of respondents expect this work to increase, 7% expect this work to decrease and 27% expect this work to stay the same.
Net increase in Turnaround 46%
Turnaround 54% of respondents expect this work to increase, 8% expect this work to decrease and 38% expect this work to stay the same.
Net increase in Investigations 41%
Investigations 50% of respondents expect this work to increase, 9% expect this work to decrease and 42% expect this work to stay the same.
Net increase in Insolvency 38%
Insolvency 54% of respondents expect this work to increase, 16% expect this work to decrease and 30% expect this work to stay the same.
Net increase in Administration 23%
Administration 35% of respondents expect this work to increase, 12% expect this work to decrease and 52% expect this work to stay the same.
Restructurers are the sustainable new kids. More countries are open to changing their systems, with more self help and informal arrangements - Partner