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20/08/2025更新

6日前

AI and the Coming Mismatch Between Law Schools and Law Firms

The future lawyers of America were taking the LSAT this weekend. But, by the time they get their JDs in a few years, law firms may have replaced many of their entry-level associate jobs with AI. That's a fear Mike Spivey hears a lot about these days. Spivey is a former law school administrator who is now an admissions consultant working with schools and prospective students. He says law school applications for the class of 2029 are spiking right now—even though AI may totally transform the legal industry by the time they graduate. Law schools are asking themselves "'Are we admitting people and bringing in large class sizes who, in three to four years, we're setting up to be in great debt? Are we going to have these debt-ridden people without jobs?'" Spivey said on our podcast, On The Merits. "That's the tension." Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

6日前

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9 分鐘
2月3日

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.

2月3日

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16 分鐘
2月5日

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.

2月5日

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10 分鐘
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 分鐘
1月7日

Making Sense of the Global Tax Carve-Out for US Companies

The OECD just published the parameters of a deal that would exempt US companies from two key enforcement rules in the global minimum tax framework. The deal, which spans 88 pages in the form of administrative guidance, includes a slew of safe harbor rules that address everything from how US companies can get the exemption to more advantageous treatment of substance-based tax incentives like the US R&D credit. It includes a permanent, simplified global minimum tax calculation. Other countries would be able to obtain carve-outs like the ones obtained by the US and its multinational companies—if they meet certain criteria. This week on Talking Tax, reporters Lauren Vella and Somesh Jha discuss why the deal and the timing of its release is important, what it means for multinational businesses, how key US lawmakers reacted, and what the deal means for the efficacy of the global minimum tax going forward. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

1月7日

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16 分鐘
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 分鐘
1月13日

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.

1月13日

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14 分鐘
02/12/2025

OpenAI's GC Chang Shares Insights from 'Extremely Stressful' Job

OpenAI is a relatively new tech startup with the litigation demands of a massive Fortune 500 company. That means that Che Chang, its general counsel, has had to scale up his department fast. On today's episode of our podcast, On The Merits, Chang speaks with Bloomberg Law reporter Aruni Soni about how he hires lawyers to work for the ChatGPT maker and how OpenAI works with its outside law firms. On top of these usual legal officer duties, Chang discusses the "immense responsibility" of guiding decisions around the "future of human intellect." Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

02/12/2025

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17 分鐘
10/12/2025

Tariffs, Big Audits, Roil Transfer Pricing Heading Into New Year

A slew of big tax disputes and the worldwide upheaval brought on by the Trump administration's aggressive trade policy made for an exceptionally interesting year for transfer pricing professionals, and left them with lingering questions heading into 2026. President Donald Trump's April tariff announcements sent shock waves through the global economy and forced corporate tax heads—and C suites—to start figuring out what it all meant for their tax and transfer pricing positions, and whether they needed to make changes to fend off potential audits. At the same time, companies are seeing a growing number of audits and transfer pricing disputes—often with big dollar figures—as tax authorities around the world beef up their auditing and enforcement capabilities with staff, AI, and stronger reporting requirements. Auditing multinationals can bring them big tax rewards. That might be less true at the IRS, where the Trump administration has drastically reduced resources and staffing. On this episode of Talking Tax, Bloomberg Tax transfer pricing reporter Caleb Harshberger discusses what's been going on in the world of transfer pricing—which governs transactions within corporate groups—and what he's keeping an eye out for next year. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

10/12/2025

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13 分鐘
1月27日

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.

1月27日

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13 分鐘

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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AI and the Coming Mismatch Between Law Schools and Law Firms

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

New Epstein Revelations Bring Massive Upheaval at Paul Weiss

Trump, Agency Power Fights Tee-Up Historic Court Term

Making Sense of the Global Tax Carve-Out for US Companies

Supreme Court Term to Have Lasting Impact With Few Blockbusters

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

OpenAI's GC Chang Shares Insights from 'Extremely Stressful' Job

Tariffs, Big Audits, Roil Transfer Pricing Heading Into New Year

Litigation Financiers Won't Be Ambushed Again on Capitol Hill

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