
On The Merits
Podcast af Bloomberg Industry Group
On The Merits takes you behind the scenes of the legal world and the inner workings of law firms. This podcast offers in-depth analysis on the latest trends, challenges, and opportunities shaping the business of law and the legal industry overall. You'll gain insights into how the latest government actions, policies, and business developments are impacting the industry and hear from leading attorneys, legal scholars, industry experts, and our own team of journalists as they share their perspectives on the forces driving change.
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It's never a good look for a law firm to lose partners in bunches, and that's what's been happening at Paul Weiss in the past few weeks. Some of the firm's high-profile litigators have announced their departures, following the deal it struck with the Trump administration to avoid a punitive executive order. Ironically, the firm negotiated the White House agreement—which includes a pledge to provide $40 million in free legal services on shared priority causes—in part to avoid a run on partners. On today's episode of our podcast, On The Merits, Bloomberg Law reporters Roy Strom and Justin Henry explain why this is a setback for Paul Weiss, but not a catastrophic one. They note that, thus far, only trial lawyers have departed the firm, leaving intact its ability to operate in the lucrative deals space. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

Brad Bondi, a lawyer at Paul Hastings and brother of the current Attorney General, failed yesterday in his bid to become president of the DC bar association. But criticisms and attacks from conservatives on these legal groups, at both the state and national level, will likely continue. That's one of the takeaways from this week's episode of our podcast, On The Merits, in which Bloomberg Law reporter Tatyana Monnay talks about why Bondi tried to seize control of the DC bar and why his campaign drew so much attention. Also, her fellow reporter Sam Skolnik talks about how conservative attacks on the American Bar Association are hurting the century-old institution in serious and potentially existential way. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

One would think that the Trump administration's pullback on enforcement across the federal government would mean fewer clients for attorneys to defend. But that would be overlooking another important law enforcer in our system: state attorneys general. Karl Racine and Jason Downs, both partners at the firm Hogan Lovells, are bolstering their practice specializing in helping clients under scrutiny by state AGs, many of whom are actively trying to fill enforcement gaps left by the federal government. It's an area the two know well, with Racine serving as attorney general in the District of Columbia during Donald Trump's first term and Downs serving as his chief deputy. They spoke to Bloomberg Law reporter Roy Strom on the latest episode of our podcast, On The Merits, about a few of the enforcement areas they've seen state AGs prioritizing: crypto, the environment, consumer financial protection, and especially AI. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

Being a summer associate at a law firm can be tricky. On the one hand, you want to be remembered; on the other hand, you don't want to be remembered for the wrong reasons. On today's episode of our podcast, On The Merits, we hear from Kate Reder Sheikh, a partner in the associate practice group at Major, Lindsey & Africa, about the pitfalls that summer associates can fall into—from over-imbibing at company functions to trying too hard to get face time with a partner. She says, in the legal world, "there probably are such things as stupid questions," especially when they're being asked of a busy partner with a high billing rate. Reder Sheikh told Bloomberg Law editor Jessie Kokrda Kamens that those most likely to fall into these traps are students who are so-called "K-through-J.D.," or who went straight from undergrad to law school. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

Dozens of law firms have sought to de-emphasize, or outright kill, their diversity initiatives since the Supreme Court's 2023 affirmative action decision—and especially since Donald Trump retook office this year and started issuing punitive executive orders that mention them. However, one firm is now doing the opposite. Susman Godfrey announced last week it would expand its annual prize awarded to law students of color, even though this program was specifically called out by Trump in his executive order targeting the firm. Bloomberg Law reporter Tatyana Monnay wrote about the firm's move and why it was taking this step now. She joins our podcast, On The Merits, to talk about what Susman Godfrey did and why its confidence may have been boosted by a federal judge's chilly reaction to Justice Department arguments against the firm. 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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