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On The Merits

On The Merits

By: Bloomberg Industry Group
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 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.© 2025 Bloomberg Industry Group, Inc. All Rights Reserved Economics Politics & Government
Episodes
  • Paul Weiss Post-Trump Deal Exits: Catastrophe or Set Back?

    Paul Weiss Post-Trump Deal Exits: Catastrophe or Set Back?
    Jun 12 2025
    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.
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    18 mins
  • Bondi's Loss May Not Be the End of Attacks on the Bar

    Bondi's Loss May Not Be the End of Attacks on the Bar
    Jun 10 2025
    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.
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    15 mins
  • Karl Racine Breaks Down Latest Trends for State AG Practices

    Karl Racine Breaks Down Latest Trends for State AG Practices
    Jun 3 2025
    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.
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    17 mins
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