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.
    © 2024 Bloomberg Industry Group, Inc. All Rights Reserved
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Business & Careers Economics Politics & Government
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Episodes
  • As Lawyers Embrace the Side Hustle, How Should Firms Respond?

    As Lawyers Embrace the Side Hustle, How Should Firms Respond?
    Dec 19 2024
    Lawyers have demanding careers with late hours and weekend work, for which many of them are handsomely compensated. So it may be surprising to learn that a growing number of attorneys have or are looking for a side gig. A recent Bloomberg Law survey found that 1 in 5 respondents either have a side gig or want one. For attorneys, a side hustle can be a way to explore their creative side, an opportunity to meet new people and possible new clients, or build some skills for their career. Sometimes, it even opens the door to a completely new career. But for firms and their leaders, how should they adapt to the reality of their lawyers having side jobs? On this episode of our podcast, On the Merits, our guest Robert Chesnut, the former general counsel and chief ethics officer for Airbnb, and current author and Bloomberg Law columnist, talks about the benefits of side gigs as well as the considerations for law firms. He say law firms should be adjusting their code of conduct to prepare for the potential conflicts and cybersecurity issues that could arise. 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
  • 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

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