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Gesellschaft und Kultur

Gesellschaft und Kultur

20.08.2025

5. FEB.

New Epstein Revelations Bring Massive Upheaval at Paul Weiss

Legal giant Paul Weiss is getting a new chairman for the first time in nearly two decades, but this transition is definitely not happening in a planned, orderly fashion. Brad Karp stepped down from the role yesterday after the latest tranche of Justice Department documents showed he had surprisingly close ties to disgraced financier and convicted sex trafficker Jeffrey Epstein—far closer than what Paul Weiss had originally indicated. On this special episode of our podcast, On The Merits, Bloomberg Law editor Chris Opfer talks about what happened at this elite law firm and about the informal work Karp did for Epstein shortly before his death. Opfer also talks about why the firm's profits may not actually suffer that much from this abrupt change in leadership. "Long gone are the days of Paul Weiss being this, sort of, large litigation boutique," Opfer said. "It's much more a corporate-focused mega-firm." Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

5. Feb.

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10 Min.
4. FEB.

US Audit Board Awaits Latest Shake-Up With New Slate of Leaders

A new slate of leaders is poised to make its mark on the US audit board and launch the next chapter for the embattled regulator. Among those set to serve on the Public Company Accounting Oversight Board are two administration officials who have held key roles at federal agencies targeted by a White House campaign to hobble federal agencies and derail regulations. Those agencies include the Consumer Financial Protection Bureau and the National Credit Union Administration. The PCAOB last year was also caught up in the administration’s efforts to rein in the federal bureaucracy. Republican lawmakers attempted to sunset the board and hand its duties over to the Securities and Exchange Commission, which oversees the board and named the new leaders. On this episode of Talking Tax, Senior Reporter Amanda Iacone discusses the incoming board members and what this latest leadership shake-up means for the future of the independent audit regulator. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

4. Feb.

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14 Min.
30.12.2025

Trump, Mergers and AI: A Tumultuous Year in the World of Big Law

It's not a very controversial statement to say that Donald Trump's attacks on law firms were the biggest Big Law story in 2025. But, according to the guests on today's episode of our podcast, On The Merits, the ramifications of those attacks are still playing out and may spill over into next year and beyond. Bloomberg Law editors Chris Opfer and Alessandra Rafferty said the attacks are still affecting the decisions firms make, or don't make, in hard-to-detect ways—even though the president is no longer actively lobbing punitive executive orders at firms. The two Big Law editors discuss how this is playing out and also whether—and why—we may see more firms merge in 2026. They also get into how the legal industry will be affected if we see an AI bubble burst. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

30.12.2025

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17 Min.
3. FEB.

Even Cravath, Wachtell Must Now Fight 'the Talent Wars'

There was a time when elite Wall Street firms such as Cravath or Wachtell seemed to rise above the lateral tug-of-war among other firms. That doesn't appear to be the case any longer, with a handful of partners from both of these firms announcing their departures for competitors last month. "I don't think these are one-offs," legal recruiter Sabina Lippman said. "It's a pattern." Firms like these will need to adjust their mindsets—and perhaps their pay structures as well—to stay at the top, according to two New York-based legal recruiters who spoke on our podcast, On The Merits. Lippman, co-founder and global managing partner at CenterPeak, and Todd Merkin, executive director of Wegman Partners, spoke to Bloomberg Law's Jessie Kokrda Kamens about this newest phase of what Lippman calls "the talent wars." Merkin said that these firms have "really been focused on talent retention, and not so much on talent acquisition. So they're a little bit behind as far as that goes." Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

3. Feb.

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16 Min.
23.12.2025

Cadwalader Loses Its Long Struggle to Stay Independent

New York's oldest law firm answered the outstanding question surrounding its ability to remain independent with a resounding no when it announced a merger with Hogan Lovells last week. As Bloomberg Law reporter Meghan Tribe tells it, Cadwalader Wickersham & Taft had been in a gradual decline since the 2008 global financial crisis. It also failed to adapt to the new reality of the legal industry in which lateral hiring is not just commonplace but necessary for a firm's survival, she said. On this episode of our podcast, On The Merits, Tribe gets into what transpired that forced the more than 200-year-old firm to put itself up for sale, and also what made Hogan leap at the chance to merge with Cadwalader. Additionally, Tribe talks about what the tie-up could mean for the pro bono deal Cadwalader struck with the Trump administration earlier this year. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

23.12.2025

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15 Min.
27. JAN.

Litigation Financiers Won't Be Ambushed Again on Capitol Hill

Last year, the litigation finance industry was nearly taxed out of existence by a measure Sen. Thom Tillis (R-N.C.) tried to attach to a big tax and spending package. The measure, which would have imposed a 41% tax on litigation finance profits, didn't become law. But it did spook many who work on this fast growing $16 billion industry. Two attorneys have responded by launching the American Civil Accountability Alliance, a lobbying group designed to push back against laws targeting the outside funding of lawsuits. One of those two co-founders, Houston patent lawyer Erick Robinson, is our guest on today's episode of our podcast, On The Merits. "I think we were all just shocked," Robinson told Bloomberg Law's Emily R. Siegel. The litigation funding tax "came very close, a lot closer than anybody including, I think, Senator Tillis, thought to passing." Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

27. Jan.

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13 Min.
21. JAN.

US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

A global minimum tax deal that exempts American companies from key provisions is a better outcome for European business than the alternative of US retaliatory taxes, the co-chair of the OECD’s business committee said. The package agreed to this month by more than 145 countries at the Organization for Economic Cooperation and Development headed off a threat of steep US taxes on foreign companies if global concessions weren’t made. In this episode of Talking Tax, Christian Kaeser, global head of tax at Siemens AG, told Bloomberg Tax reporter Ryan Hogg that some of his European counterparts regarded the deal as “lopsided” but welcomed new permanent safe harbors that were created with input from Business at OECD, known as BIAC. Kaeser is co-chair of BIAC’s tax committee. “I’m pretty happy with the outcome,” he said. Competitive disparities created by the deal can be remedied by simplification of the EU’s own rules, including scrapping of the bloc’s controlled foreign companies anti-tax avoidance regime, he said. As for Pillar One, the other main part of a 2021 OECD-led tax agreement, Kaeser saw little hope. Further talks on the pillar, which would reallocate taxing rights to countries where big companies make their profits, have stalled for years. It “should be called Pillar Zed, zed for zombie,” he said. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

21. Jan.

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11 Min.
11.07.2025

Supreme Court Term to Have Lasting Impact With Few Blockbusters

The Supreme Court term was limited in its blockbusters this year, but the decision to limit the power of lower court judges to issue nationwide injunctions will have the biggest impact, attorneys and legal scholars say. “It affects how cases get litigated in a big way,” said Anastasia Boden, a senior attorney at the Pacific Legal Foundation, a libertarian public interest law firm. "I saw someone say 'We're all class action attorneys now, right?' because that's all we've got." Boden joins “Cases and Controversies,” along with Georgia State University College of Law professor Eric Segall to discuss the recent term, its rulings, and the justices that stood out the most. Hosts Kimberly Robinson and Lydia Wheeler also talk about the court’s recent emergency order that allows President Donald Trump to move forward with plans to reduce the size of the federal workforce. Do you have feedback on this episode of Cases and Controversies? Give us a call and leave a voicemail at 703-341-3690.

11.07.2025

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30 Min.
12.01.2024

Trump, Agency Power Fights Tee-Up Historic Court Term

Big challenges to federal agency regulatory powers at the Supreme Court could end up as a footnote to what’s shaping up to be a momentous term. Hosts Lydia Wheeler and Kimberly Robinson discuss how the court set up a historic sitting in agreeing to hear Donald Trump’s fight to stay on the 2024 primary ballot in Colorado and a second abortion case. It was already a significant term with two challenges to the so-called administrative state, which many thought would garner the most attention. Those cases will be argued next week and Sam Sankar, senior vice president for programs at Earthjustice, joins Cases and Controversies to discuss how a ruling against the government could give judges the ability to strike down regulations they disagree with and shift power from agencies. Do you have feedback on this episode of Cases & Controversies? Give us a call and leave a voicemail at 703-341-3690.

12.01.2024

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25 Min.
13. JAN.

Latham & Watkins M&A Leaders on the 'Year of the Mega Deal'

Latham & Watkins beat out its rival Kirkland & Ellis in our annual League Tables ranking of M&A activity for 2025. And on this episode of our podcast, On The Merits, the firm's M&A co-chairs talk about what went down in what one called "the year of the mega deal." Alex Kelly and Paul Kukish spoke with Bloomberg Law reporter Mahira Dayal about why Latham was able to work on almost 800 deals in 2025 totaling more than $780 billion in value. Kukish said AI and AI-adjacent deals were a big part of the firm's success—success that smaller firms just now getting into the AI space may not be able to replicate. They also talked about how they think tariffs and other Trump administration policies affected the market this year for buying and selling companies. "There has been an increased focus by our clients on how the president views a particular industry, or a particular company, or a particular country," Kelly said. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

13. Jan.

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14 Min.

Bloomberg Industry Group is an affiliate of Bloomberg L.P. and a source of legal, tax, regulatory, and business information for professionals. We update this channel regularly with fresh podcasts about legal, tax, and government topics.

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Bloomberg Industry Group

Top-Sendungen

New Epstein Revelations Bring Massive Upheaval at Paul Weiss

US Audit Board Awaits Latest Shake-Up With New Slate of Leaders

Trump, Mergers and AI: A Tumultuous Year in the World of Big Law

Even Cravath, Wachtell Must Now Fight 'the Talent Wars'

Cadwalader Loses Its Long Struggle to Stay Independent

Litigation Financiers Won't Be Ambushed Again on Capitol Hill

US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

Supreme Court Term to Have Lasting Impact With Few Blockbusters

Trump, Agency Power Fights Tee-Up Historic Court Term

Latham & Watkins M&A Leaders on the 'Year of the Mega Deal'

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