Firm News

Latest news from Waldrep Wall Babcock & Bailey PLLC

Tom Waldrep Was Recently Featured in a Podcast Discussing Bankruptcy Fraud

Oct 04, 2021

In bankruptcy, fraud examinations are vital to ensure that the bankruptcy process is fair and honest.

Tom Waldrep, former bankruptcy judge and the managing partner at Waldrep Wall Babcock & Bailey PLLC, recently participated in a Podcast discussing:

  • The role of a bankruptcy judge
  • The characteristics of a good fraud examiner
  • The future of forensic accounting in bankruptcy matters
  • And why he believes in the team approach for law firms

Listen to the Podcast, "Forensic Examinations," at: https://www.buzzsprout.com/987766/8834331

For more information, contact Tom Waldrep at (336) 717-1280 or twaldrep@waldrepwall.com.

Kevin L. Sink Joins Waldrep Wall Babcock & Bailey PLLC and Opens Our New Raleigh Office

Oct 01, 2021

Waldrep Wall Babcock & Bailey PLLC is excited to announce that Kevin L. Sink has joined our firm and has been given the exciting task of opening our new Raleigh office beginning October 1, expanding the firm's presence from the greater Winston-Salem area to also serve the eastern district of North Carolina. Waldrep Wall Babcock & Bailey PLLC is a business law firm focused on bankruptcy, commercial transactions, healthcare, commercial real estate, and litigation.

"For over 27 years, I have represented clients in complex bankruptcy, business, litigation, and real estate matters. The similar practice areas, synergy, and dedication to serving clients with efficiency and expertise shared between Waldrep Wall Babcock & Bailey PLLC and myself made a collaboration like this make sense. Not only will I be able to offer the same comprehensive services to my clients, but I will also be able to offer additional business law services through my new legal partners. My paralegal, Katharine Hayden, will also transition with me, as I will continue to need her excellent assistance,” said Kevin Sink.

"Kevin’s knowledge, experience, reputation, and compassion in providing personalized representation and strong advocacy for his clients’ legal needs aligns with his impeccable track-record. I am so excited to have Kevin join our firm,” said Tom Waldrep, partner at Waldrep Wall Babcock & Bailey PLLC.

In the interim, Kevin will be operating out of the firm's temporary office located at 3725 National Drive, Suite 115, in Raleigh.

Visit https://www.waldrepwall.com/team/kevin-sink to learn more about Kevin.

Jim Lanik Was Recently Featured in a Podcast Discussing Bankruptcy

Sep 27, 2021

Jim Lanik, a Chapter 7 Bankruptcy Panel Trustee and law partner at Waldrep Wall Babcock & Bailey PLLC, recently participated in a Podcast discussing:

  • The difference between Chapter 7, Chapter 13, and other types of bankruptcy
  • The role of the Trustee in bankruptcy proceedings
  • When and why a forensic accountant or fraud examiner is hired by the Court
  • What a Trustee looks for when recommending a forensic accountant to the Court
  • What happens if bankruptcy fraud is suspected
  • How a forensic accountant should network with other Trustees
  • How one debtor went on a cruise, which landed him in prison

Listen to the Podcast, "Forensic Accounting in Bankruptcy Court," at: https://www.buzzsprout.com/987766/5461144

Jim's role is to administer the bankruptcy code for the Bankruptcy Court. At times, a Trustee hires a forensic accountant with the Court's permission to assist the Trustee in finding hidden assets and income. The credibility of the bankruptcy process requires honesty and transparency.

For more information, contact Jim at (336) 930-7620 or jlanik@waldrepwall.com.

Law School Students See Increase in Employment Rate

Sep 02, 2021

All Rise,” a Newsletter disseminated by Best Lawyers recently published this article, “Law School Students See Increase in Employment Rate,” and we couldn’t agree more!

At Waldrep Wall Babcock & Bailey PLLC, we’re hiring! For more information and to apply, click on the following links:

Corporate Associate: https://lnkd.in/ePWV38MQ

Law School Students See Increase in Employment Rate

By Gregory Sirico


During the beginning of the pandemic, confusion for what the future would hold was level across all playing fields. Politicians, economists and students alike were all equally fearful that the COVID-19 pandemic of 2020 could eerily mirror the Great Recession of 2009, an event that left the housing market in shambles, unemployment rates at all-time highs and law school graduates scrambling to find work in an industry that was only dishing out layoffs.

Despite growing speculation, these fears never fully came to fruition for law students who’ve recently graduated from ABA-accredited law schools. In a previous edition of the All Rise newsletter, we discussed the growing debt gap forming amongst recently graduated law school students as they struggle to secure employment in the early stages of the pandemic. According to recent data released by the Department of Labor, that gap is beginning to significantly close, with the employment rate for law school graduates seeking full-time work increasing from 70% in 2019 to 77% in late 2020.

“I have employers reaching out to me for candidates all the time,” stated Tanya Lundberg, the assistant Dean of Career Services at the University of Detroit Mercy School of Law, a program that experienced quite the opposite at the beginning of the pandemic. "I feel bad, I had to start telling them I don’t have any more candidates." Although COVID-19 remains, slowly but surely the field of law is showing signs of an apparent bounce back. Only time will tell if other major industries can follow suit and find their rhythm going into 2022.

We're Hiring Entry-Level Bankruptcy Associates!

Aug 19, 2021

Waldrep Wall Babcock & Bailey PLLC is a business law firm focused on bankruptcy, commercial transactions, healthcare, commercial real estate, and litigation. Comprised mostly of experienced attorneys from larger firms, we serve clients with efficiency and expertise, both inside and outside of the courtroom.

Waldrep Wall offers clients experienced, efficient, and effective advocacy, both inside and outside of the courtroom. We have the depth and expertise of a large law firm, but with a small firm cost structure. Our defining characteristic is combining sophisticated solutions with individualized service.

We are actively pursuing bankruptcy associates. At Waldrep Wall, we practice law as a team. Our clients benefit from our commitment to work together to achieve more efficient and effective outcomes. A successful associate will be attracted to working on complex cases collaboratively. We prioritize our people and our culture and have a vested interest in developing successful young lawyers. An associate at Waldrep Wall should be ready to work in a fast-paced environment and gain meaningful experience early in their career as these positions require client contact and a sophisticated caseload. We take a hands-on approach to training and mentorship and provide associates with the opportunity to hone their skills and provide much more than functional contributions.

Click here to apply.

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