Wall Street firms aren’t the only ones dealing with credit crunch-related fire drills. Bredin Prat, the Paris-based boutique that represents France’s corporate elite, has its hands full with bailouts, mergers, and outside counsel appointments.

“Our level of activity, at least in the financing sector, has certainly increased,” says Bredin capital markets and M&A partner Olivier Saba. “I don’t want to say we’re benefiting from this, but it is good to be busy.”