Bloomberg Law

On The Merits

News EN ↓ 317 episodes

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.

Author

Bloomberg Law

Category

News

Podcast website

news.bloomberglaw.com

Latest episode

May 19, 2026

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Episodes

How Quinn Emanuel Lawyers Save 50 Billable Hours With One Click 17.11.2024

Generative AI has promised to reshape the practice of law ever since ChatGPT emerged. However, it's been unclear just how large law firms are using AI. Has it changed how practitioners do their jobs on a daily basis? Are we witnessing the emergence of a revolution in how lawyers do their work? Uncommon Law's Matthew Schwartz sits in as guest host on this episode of On the Merits. He talks with Joh...

Trump Judges 2.0: More Conservative, More Outsiders 14.11.2024

President-elect Donald Trump is poised to further shape a federal judiciary he remade during his first term. Building on his historic number of appointments, including Supreme Court justices Neil Gorsuch, Brett Kavanaugh, and Amy Coney Barrett, Trump will likely choose nominees that are even more reliably conservative this time around. And, because of his success moving the judiciary to the right,...

Big Law Associates Waiting on a Milbank Bonus Match 12.11.2024

Associates at Big Law firms are accustomed to a tradition: Whenever one law firm raises associate salaries or doles out a bonus, other firms scramble to match. But this year, something strange happened: A Wall Street law firm, Milbank LLP, in August gave out a special bonus, and none of its law firm competitors followed suit. Bloomberg Law’s Roy Strom spoke with his colleague Meghan Tribe about wh...

How Antitrust Law Is Confronting the Housing Crisis 05.11.2024

A group of antitrust lawsuits blames the nationwide affordable housing crisis in part on a conspiracy among some of the country's top landlords to drive up rent using artificial intelligence tools. The scheme allegedly works through property management software that crunches data provided by its customers—the landlords—to maximize rent. Another group of lawsuits also targeted the top hotel-casinos...

Tired of Partisan Noise? How NJ's High Court Finds Consensus 31.10.2024

At the New Jersey state supreme court, all of the justices seem to get along–even though they maintain a 4-3 partisan split in their ranks. The unique system, based on an unwritten rule that the governor will select justices and maintain a 4-3 balance politically, leads to an extraordinary amount of agreement among the justices. And attorneys like it, too. On this episode of our podcast, On The Me...

A Professor Says AI Can Help Solve Contract Disputes 29.10.2024

Fighting over the meaning of contracts is expensive and time-consuming. But a University of Pennsylvania professor sees the potential of generative artificial intelligence to give judges a tool to clarify a contract. Bloomberg Law senior correspondent Roy Strom spoke with professor David Hoffman, an expert on contracts law who co-wrote a paper on what he calls “generative interpretation.” It’s a p...

Life After Chevron Is Starting to Come Into Focus 22.10.2024

It's been almost four months since the Supreme Court's landmark ruling decision in Loper Bright that overruled the oft-cited Chevron doctrine. And now we're starting to see what administrative law is going to look like with judges more empowered to pick apart federal agencies' justifications for their actions. However, there could also be another case on the Supreme Court's docket for this term th...

Fortress Dominates Litigation Finance—With Money and Intensity 17.10.2024

Fortress Investment Group has powered its way to the top of the litigation funding industry. It has committed $6.6 billion to legal assets, and another $2.9 billion to intellectual property. But beyond the money, the secret to the firm's success may be its intensity and attention to detail. Bloomberg Law litigation finance reporter Emily Siegel sat down for almost three hours with two Fortress exe...

Despite Disney, 'Infinite Arbitration' Not Going Away 15.10.2024

Disney recently backtracked on its attempts to force arbitration on a widower who who filed a wrongful death lawsuit but, it said, had agreed to not take the company to court when he signed up for a free trial of its streaming service. This about-face, which followed a wave of bad publicity for Disney, may be the exception, not the rule, according to a law professor who specializes in arbitration....

Democrats Need More Than Money to Win in November 08.10.2024

Vice President Kamala Harris enjoyed a huge cash infusion to her campaign shortly after it launched this summer, and one of the groups behind this influx were attorneys donating to the Democratic candidate. Attorneys gave more than $8 million to the Harris campaign in just the first 10 days of its existence, according to data analyzed by Bloomberg Law reporters Tatyana Monnay and K. Sophie Will. T...

Kirkland Leaps Skadden as Big Law's Top Dealmaker Amid Cautiously Optimistic M&A Rally 03.10.2024

Deals activity is picking up, according to the third quarter data from Bloomberg Law's League Tables. But the looming election and more potential rate cuts from the Fed means there's uncertainty over what comes next. On this episode of our podcast, On The Merits, Bloomberg Law reporter Mahira Dayal digs into the data and talks about which firms are on top and which ones have slipped. She also talk...

Justice Alito's Recusals Shine Spotlight on His Stocks 01.10.2024

Supreme Court Justice Samuel Alito has recused himself far more often than his eight other colleagues in recent years, and that's because, unlike his colleagues, he holds a significant amount of stock in public companies. But what's more notable are the times Alito failed to recuse himself even though he had a conflict of interest. On this episode of our podcast, On The Merits, Bloomberg News repo...

Why EV Road Trips Can Still Trigger 'Range Anxiety' 25.09.2024

Electric vehicles are far from a new phenomenon, but the sparseness of public, non-Tesla charging stations along the highway can still make taking a road trip in other types of EVs somewhat harrowing. Bloomberg Government reporters Kellie Lunney and Lillianna Byington discovered this first hand when they went on a road trip to test out the country's federally funded EV infrastructure and almost go...

How Law Firms Are Keeping DEI Opponents at Bay 20.09.2024

This summer, Bloomberg Law released its fourth DEI Framework, recognizing 57 US-based law firms that meet or exceed standards for diversity, equity, and inclusion. But, in the wake of the Supreme Court's 2023 ruling that ended race-conscious admission programs at colleges and universities, how are these firms managing their initiatives without facing complaints from DEI opponents like conservative...

Aspiring Environmental Lawyers Warming Up to Big Law 10.09.2024

In the past, environmental lawyers had a reputation as being extremely overworked and underpaid, but now things are looking up for attorneys working on green issues. The Inflation Reduction Act included numerous complicated tax breaks and other incentives for clean energy, all of which need to be parsed by skilled attorneys. Additionally, with the demise of Chevron deference, nearly every environm...

Can OpenAI Beat Lawsuits With Its 'Hacking' Defense? 06.09.2024

OpenAI is fending off half a dozen copyright lawsuits that allege the tech company illegally used copyrighted materials to train its flagship product, ChatGPT. The company's defense in these suits, which have the potential to shape the future of AI, is raising some eyebrows in the world of IP law. OpenAI says the authors, news outlets, and other copyright holders who filed these suits engaged in "...

How Tom Girardi Went From Celebrity Lawyer to Felon 03.09.2024

Thomas V. Girardi was once a widely admired lawyer. He assisted in the making of the film "Erin Brockovich," and, many years later, was featured with his wife Erika Jayne on "The Real Housewives of Beverly Hills." Now, Girardi is a convicted felon. He was charged with withholding funds his clients had won, and, last week, was convicted on four counts of wire fraud. Bloomberg Law reporter Maia Spot...

Why Texas Business Court Will Struggle to Top Delaware 29.08.2024

The state of Texas is creating an entirely new corporate law court in an attempt to lure big firms away from Delaware, the current incorporation capital of the world. However, just days before its official opening, there's trouble with the new court's rollout. It's been difficult for the state to find basic physical office space for the Texas business court to operate in. But beyond that, there ar...

Can You Truly Be a Partner If You Don't Have Equity? 27.08.2024

The number of non-equity partners has ballooned in recent years, with some data estimating there will soon be more of them at law firms than full partners. But not all of these attorneys are happy with their job classification. There are several ongoing employment lawsuits against firms from non-equity partners who claim they get the worst of both worlds: none of the profit sharing that full partn...

Bankruptcy Judge Scandal Still Very Far From Resolved 22.08.2024

Almost a year ago, the public first learned that David R. Jones, a now former federal judge, was in a secret, live-in romantic relationship with a partner at a bankruptcy firm that had lots of business in Jones' Houston court. Since then, Jones has stepped down from the bench, but the dust has definitely not settled. The federal bankruptcy monitor is trying to claw back millions in attorneys' fees...

Judges' Workload Getting Worse—But Is Help On the Way? 20.08.2024

It's difficult enough for Congress to fill vacant judgeships, let alone create new ones in courts that have seen their jurisdictions grow in size. That means federal judges are having to take on more and more cases. That, in turn, means the wait for a civil trial in some federal courts can stretch for years. On this episode of our podcast, On The Merits, reporters Suzanne Monyak and Tiana Headley...

Harris Likely Needs a Huge Win to Avoid a Senate Flip 15.08.2024

Kamala Harris' nascent presidential campaign has the wind at its back right now. But her entry into the race doesn't change her party's daunting Senate map, in which Democrats are playing defense in states like Montana, Ohio, Michigan, and Wisconsin. On this episode of our podcast, On The Merits, Bloomberg Government senior reporter Greg Giroux says it will be tough for Democrats to hold onto the...

When Lawyers Need a Malpractice Lawyer, They Call Him 13.08.2024

When a legal malpractice claim is filed, regardless of whether or not it's meritorious, that means an attorney's relationship with their client has broken down. On today's episode of our podcast, On The Merits, we're talking with Tyler Maulsby, an attorney at the firm Frankfurt Kurnit Klein & Selz who represents other attorneys in malpractice cases. A recent report found that multi-million dollar...

Kirkland Masters Forum Shopping in Bankruptcy Cases 08.08.2024

Kirkland & Ellis, the largest law firm in the world by revenue, has mastered the art of forum shopping for the many bankruptcy cases it handles. That's the takeaway from a Bloomberg Law analysis of how the firm chooses which courts to file its bankruptcy cases. James Nani and Ronnie Greene, two of the reporters behind that analysis, talk about it on this episode of our podcast, On The Merits. They...

Litigation Finance Rules Won't Apply to Many Cases 06.08.2024

Just the idea of litigation finance makes some people uncomfortable. To them, it's a distortion of the justice system when wealthy people or businesses profit by bankrolling a lawsuit. But the truth of how litigation finance actually works on a day-to-day basis is much more mundane, according to Bloomberg Law reporter Emily Siegel. She says most litigation financiers get involved in mass torts, no...

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