On The Merits

By: Bloomberg Industry Group
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  • Summary

  • 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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Business & Careers Economics Politics & Government
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Episodes
  • What Big Law’s Top Deals Firm Expects for 2025 Markets

    What Big Law’s Top Deals Firm Expects for 2025 Markets
    Jan 21 2025
    Donald Trump’s presidential election had market commenters rushing to conclude that the new administration would yield a flood of corporate dealmaking. But the widely anticipated Trump Bump for deals is already facing hurdles. Interest rates have steadily risen as the fear of inflation remains. Markets are buffeted by every piece of news about potential tariffs. And stock prices have faltered from their initial post-election surge. With Trump now in the White House, has the optimism for a dealmaking surge already withered? On this episode of On the Merits, Bloomberg Law’s Roy Strom spoke with Jennifer Perkins and David Klein, M&A partners at Kirkland & Ellis, the busiest law firm for corporate transactions last year. Kirkland advised on more than $427 billion in global mergers and acquisitions over the year, surpassing rivals like Latham & Watkins, Skadden Arps Slate Meagher & Flom, and Freshfields. Perkins and Klein told Roy the “floodgates” for M&A may not be open right away, but they both expect a strong year for dealmaking ahead. They discussed a backlog of companies private equity funds are looking to offload, how a reinvigorated IPO market could further fuel deals, and how law firms are evolving as private capital markets expand. 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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    17 mins
  • Revisiting: California's Fight to Keep Homeowner Insurance Amid Wildfires (March 2024)

    Revisiting: California's Fight to Keep Homeowner Insurance Amid Wildfires (March 2024)
    Jan 16 2025
    Today on 'On the Merits,' we revisit our March 2024 episode that explores California's ongoing battle to keep homeowners insured amidst the persistent threat of wildfires.
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    18 mins
  • Choose-Your-Billable-Hours Model May Be Future of Associate Pay

    Choose-Your-Billable-Hours Model May Be Future of Associate Pay
    Jan 14 2025
    Big Law associates often feel they have little control over their pay or their time. But Steptoe & Johnson's new compensation model will allow associates to choose a 1800-, 2000-, or 2200-billable-hour track with a corresponding pay scale. On this episode of On the Merits, Kate Reder Sheikh, partner at Major, Lindsey & Africa, shares how a tiered compensation plan could benefit both associates and law firms—and what the risks are. She also gives the latest industry updates on return-to-office issues and lateral moves for 2025. 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

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