On The Merits

De: Bloomberg Industry Group
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  • Resumen

  • On The Merits takes you behind the scenes of the legal world and the inner workings of government. This podcast offers in-depth analysis on the latest trends, challenges, and opportunities shaping the business of law firms, legal technology, regulations, and the industry overall. You'll gain insights into how government actions, policies, and legal developments are impacting the industry and hear from leading attorneys, legal scholars, industry experts, and government officials as they share their perspectives on the forces driving change in law and government.
    © 2025 Bloomberg Industry Group, Inc. All Rights Reserved
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Economía Política y Gobierno
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Episodios
  • Big Law Banker Sees ‘Mood Shift’ as Market Rebound Hopes Delayed

    Big Law Banker Sees ‘Mood Shift’ as Market Rebound Hopes Delayed
    Mar 27 2025
    The US legal industry was already in a tough spot before President Donald Trump started attacking Big Law firms. Gloomy economic conditions and tariff-related uncertainty quickly tanked law firm leaders' expectations for a rebound that followed Trump's election. They're looking to stay off the president's target list in a wave of executive orders, while navigating a slowdown in deals activity and across practice groups. "From cautiously optimistic to cautious." That's how Gretta Rusanow described the mood shift she's seen in recent weeks among managing partners at some of the country's biggest law firms. Rusanow, the leader of Citigroup's law firm advisory group, says firms are feeling much more bearish now than at the end of last year. There's potential for an economic contraction, she says, and the fact that the huge revenue growth of prior years is now looking more like an aberration. Even as the country's elite firms come off of a record year for revenue and profits. Rusanow joins our podcast, On The Merits, to talk about why 2025 likely won't see the industry outperform its average growth numbers. She also tells Bloomberg Law reporter Roy Strom that any overachieving that does happen this year will likely flow toward just a handful of the largest firms. 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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    16 m
  • How Law Firms Singled Out by EEOC for DEI Practices Can Respond

    How Law Firms Singled Out by EEOC for DEI Practices Can Respond
    Mar 25 2025
    President Donald Trump has targeted major law firms in his second term in unprecedented ways. He hit three Big Law firms with executive orders that pose potentially existential threats to those firms. Then on March 21, the Trump administration issued a broad memo targeting any lawyer who files “frivolous, unreasonable, and even vexatious litigation against the United States.” On this podcast episode we’re talking about yet another way the administration is going after firms. Andrea Lucas, the acting chair of the Equal Employment Opportunity Commission, sent a letter to 20 major firms such as Kirkland & Ellis, Skadden, and Simpson Thacher requesting extensive documentation to investigate whether their Diversity Equity and Inclusion programs are discriminatory. The EEOC is asking for names, gender, race, law school and GPA information for all who have applied to be hired since 2019. Joining the podcast are two Bloomberg Law reporters who are following this story, Business & Practice reporter Tatyana Monnay and EEOC reporter Rebecca Klar. 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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    18 m
  • M&A Activity Disappoints, But All's Not Lost for Deals Lawyers

    M&A Activity Disappoints, But All's Not Lost for Deals Lawyers
    Mar 20 2025
    After Donald Trump won the presidential election, dealmakers at corporations—and the Big Law lawyers that represent them—were optimistic about the prospects for increased corporate mergers and acquisitions. But the first two months of 2025 have fallen far short of expectations. Not only have deal tallies been lower than hoped, they are the lowest in five years. On this episode of our podcast, On The Merits, Bloomberg Law's Mahira Dayal talks about what this slowdown means for law firms. Also, Hogan Lovells partner Mahvesh Qureshi discusses the current M&A environment and what it will take to get deals moving in the coming months. Qureshi leads the firm's Corporate and Finance group for the Americas, is a member of their global board, as well as a member of the firm’s Global Tech M&A leadership team. 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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    20 m

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