On The Merits

Written by: Bloomberg Industry Group
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  • Summary

  • On The Merits brings you the biggest stories of the week from Bloomberg Law and Bloomberg Government, coupled with smart interviews and analysis on a variety of legal and government topics. You’ll hear voices and perspectives from across the industry, including reporters, editors, attorneys, legal scholars, and government officials. Host: David Schultz.
    © 2024 Bloomberg Industry Group, Inc. All Rights Reserved
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Business & Careers Economics Politics & Government
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Episodes
  • Big Law Prepares for Trump Return as Crypto Sector Flexes Muscle

    Big Law Prepares for Trump Return as Crypto Sector Flexes Muscle
    Dec 17 2024
    As the presidential transition picks up speed, a legal sector that overwhelmingly supported Kamala Harris is preparing for Donald Trump's return to the White House. A handful of Florida-based big law firms with connections to the incoming administration are hoping to leverage those Trump ties, while Democratic-leaning firms are looking to retool. At the same time, a cryptocurrency industry that spent the Biden presidency playing defense is starting to flex its muscle. The pivot includes a rare public warning from the CEO of Coinbase Global Inc., the exchange, to law firms that may hire outgoing government lawyers who had a hand in crypto regulations. On this episode of our podcast, On The Merits, reporters Meghan Tribe and Justin Henry discuss the Trump transition, Coinbase's shot across the bow, and what these new dynamics may mean for the Big Law landscape and the future of crypto. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690
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    14 mins
  • Why a Deals Surge in 2025 May Not Be a Law Firm Boon

    Why a Deals Surge in 2025 May Not Be a Law Firm Boon
    Dec 10 2024
    Plenty of dealmakers expect a boom in M&A activity next year, anticipating a business-friendly Trump administration will rekindle animal spirits. That may mean private-equity firms will unload companies they've held for years. Traditionally, that means Big Law firms will have a flood of work. But it may also mean less of a certain type of complex transaction that has been occurring over the past year: Private equity companies selling pieces of businesses between themselves. On this episode of our podcast, On the Merits, Bloomberg Law’s Roy Strom spoke with Neil Barlow, a private equity partner at Clifford Chance, about what this environment could mean for Big Law's M&A fortunes. The upshot is that lawyers could be trading more complex deals for a greater volume of them. Either way, the trends highlight how important the private equity business has become for global law firms' success. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.
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    15 mins
  • As Non-Equity Partner Ranks Grow, Not All Lawyers Are Thrilled

    As Non-Equity Partner Ranks Grow, Not All Lawyers Are Thrilled
    Dec 5 2024
    Attorneys have toiled for years in Big Law firms with the hope that one day they would make partner. The title carries prestige—and money, too. But in recent years, the promotion to partner hasn't always meant what it used to. A new class of non-equity partner is on the rise. This means these so-called partners-in-name-only don't own a share of the business and generally make a fraction of the compensation of an equity partner. For some attorneys, this arrangement is just fine, as it gives them an opportunity to build business with the prestigious partner title. But other attorneys aren't happy about it—and they're suing. Bloomberg Law reporter Justin Henry joins this episode of our podcast, On the Merits, to discuss this Big Law trend and what it means for law firms and lawyers. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690
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    13 mins

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