Bloomberg Industry Group

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Channel • 4 Shows

News Commentary

News Commentary

Updated Jul 1
Society & Culture

Society & Culture

Updated Jun 18
Business News

Business News

Updated Weekly
Business News

Business News

Updated Weekly

Jul 1

Justice Stephen Breyer on Trump, the Rule of Law, and Whether the Supreme Court is Political

Former Supreme Court Justice Stephen Breyer sits down with Bloomberg Law's Matthew S. Schwartz to discuss the Court, executive power, Dobbs, judicial independence, and the rule of law. Reflecting on nearly three decades on the bench — and the perennial question of whether politics shapes when justices choose to retire — he explains how justices make decisions, and why preserving public trust in the Supreme Court and the Constitution is essential, even as polls show trust in the judiciary near a 50-year low.

Jul 1

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58 min
Jul 1

SPECIAL: Justice Stephen Breyer on Trump, the Rule of Law, and Whether the Supreme Court is Political

In this special episode of UnCommon Law, former Supreme Court Justice Stephen Breyer sits down with Bloomberg Law's Matthew S. Schwartz to discuss the Court, executive power, Dobbs, judicial independence, and the rule of law. Reflecting on nearly three decades on the bench — and the perennial question of whether politics shapes when justices choose to retire — he explains how justices make decisions, and why preserving public trust in the Supreme Court and the Constitution is essential, even as polls show trust in the judiciary near a 50-year low.

Jul 1

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58 min
Apr 15

Corporate Tax Disclosures Let Investors Peer Into the Black Box

Investors are getting a lot more information about an area that’s been a mystery in the past: What goes into companies’ tax bills. The US, the European Union, and Australia all have new or forthcoming requirements for companies to publicly disclose more details about the makeup of their tax payments—especially where they’re paying. That can help investors compare companies and shed light on instances where multinationals might be locating their profits in lower-tax countries to cut their payments. The new requirements are already forcing companies like Meta Platforms Inc., Merck & Co. Inc., and Caterpillar Inc. to disclose that they’re making big tax payments in countries like Ireland and Switzerland that have long had a reputation as “tax havens.” Meta paid Ireland $567 million in income taxes last year, according to its first-ever disclosures as part of new US accounting requirements. Still, the different regions' rules differ significantly—in some ways they complement each other, but gaps in information remain. On this week's Talking Tax, Bloomberg Tax reporters Jorja Siemons and Michael Rapoport discuss the new sets of rules, how the new disclosures will play out, and how companies are responding to them and in some cases trying to get around them. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Apr 15

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12 min
Jun 18

How the DOJ Decides Who Gets Charged and Who Doesn't in America

How does the Justice Department decide who gets charged with a crime and who doesn't? In the post-Watergate era, the Justice Department developed policies and institutional safeguards intended to separate political considerations from prosecutorial decisions: typically career attorneys delve into the law and investigate the facts, evaluate the evidence needed to secure a conviction, and recommend whether a case should move forward. However, Trump administration critics say that process is under pressure, pointing to a series of high-profile cases involving political figures and former government officials. On this episode of UnCommon Law, we explore the doctrine of selective prosecution — the claim that someone was targeted for prosecution because of who they are, what they said, or the political positions they hold. Through the cases involving James Comey, Letitia James, and Eric Adams, legal scholars, journalists, and former Justice Department officials examine how the DOJ decides whether to pursue or abandon a case, and what that process reveals about prosecutorial discretion, independence, and accountability. We'll also examine the changing role of the Justice Department's Public Integrity Section, the office created after Watergate to help oversee politically sensitive prosecutions. Guests: Bennett Gershman, professor of law at Pace University and a former prosecutor in the New York State Anti-Corruption Office; author of the treatise Prosecutorial Misconduct Stanley Brand, former general counsel to the US House of Representatives and a veteran white-collar defense attorney; now Distinguished Fellow in Law and Government at Penn State Dickinson Law John Keller, former chief of the Justice Department's Public Integrity Section; now a partner at Walden Macht Haran & Williams Chris Strohm, senior reporter at Bloomberg News covering the Justice Department *** CREDITS Host/Producer/Sound Design: Matthew S. Schwartz Editor/Executive Producer: Josh Block Cover Art: Jonathan Hurtarte Special Thanks: Ben Penn, Chris Strohm Thank You: Andrew Satter, Cesca Antonelli, Tom Taylor, Seth Stern

Jun 18

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35 min
May 19

Sidley Leader Yvette Ostolaza Shares Growth Strategy

Sidley Austin LLP crossed $3.74 billion in revenue last year and has its sights set on $4 billion — but according to its top leader, the number is a byproduct, not the goal. The real question is whether the firm is built for what comes next. Today on On the Merits: Yvette Ostolaza, chair of Sidley's management committee, sits down with Bloomberg Law reporter Meghan Tribe to discuss strategic lateral hiring, formal integration plans, and a willingness to pull back from practices and geographies that aren't growing. "There are no sacred cows," Ostolaza said. "We need to continue to evaluate how the industry is changing." She also weighed in on how Sidley is treating AI: not as a pilot project, but as core leadership infrastructure deployed across the firm with dedicated governance, training, and practice-group liaisons. "It doesn't replace judgment, it sharpens it," Ostolaza said.

May 19

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19 min
May 6

Justice Transformed: When DOJ Norms Disappear

When Robert Jackson stood in the Great Hall of the Justice Department in 1940 and told the country's federal prosecutors that they held more power over life, liberty, and reputation than any other person in America, he was not describing a rule written into law. He was describing a creed. For the better part of a century, attorneys general from both parties invoked Jackson's words as a kind of shared oath. The principle was simple: no fear or favor, just the law. The catch was that almost none of it was codified. In President Trump's second term, he has broken traditional norms of independence by purging career staff, calling for the prosecution of his enemies, and challenging the judiciary. In the season premiere of UnCommon Law, host Matthew Schwartz traces those norms from their origins through their greatest tests — and asks whether the system that held through Watergate, the Clinton impeachment, and even the first Trump term was ever as durable as it seemed. In this episode and the ones ahead, we will explore: Allegations of selective prosecution — indictments of political adversaries, dropped cases against allies — and what the law actually permits. How the federal judiciary has responded, and what judges can and cannot do when the executive branch refuses to comply. A reckoning with the parts of the Justice Department that have been dismantled — the Civil Rights Division, the public integrity section, the career staff — and what their absence means in practice. Also, the stories of the prosecutors and lawyers who quit — and what they saw on the way out. Featuring: Stuart Gerson, former Assistant Attorney General for the Civil Division under President George H.W. Bush; co-founder of the Society for the Rule of Law Jed Shugerman, professor of law at Boston University School of Law Chris Strohm, senior reporter at Bloomberg News covering the Justice Department Ben Penn, senior reporter at Bloomberg Law covering the Justice Department *** CREDITS Host/Producer/Sound Design: Matthew S. Schwartz Editor/Executive Producer: Josh Block Cover Art: Jonathan Hurtarte Special Thanks: Ben Penn, Chris Strohm Thank You: Andrew Satter, Cesca Antonelli, Tom Taylor, Seth Stern

May 6

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27 min
Apr 8

Accounting Firms Navigate Compensation as AI Tools Upend Work

Artificial intelligence is putting accounting firm leaders on alert for workers well-versed in using and managing the new tools as the industry invests heavily in modernizing workflows. Firms should be staying attuned to the talent market and updating their salary structures accordingly to both attract early-career workers and retain staff looking to climb the ranks, according to Dominic Piscopo, founder of compensation data analytics firm Big 4 Transparency. They should also be having transparent conversations with their workers so compensation isn't a "black box." "Having transparency in those models and being willing to talk about it with people—not just have this very kind of cold process where a number is thrown out—can make all the difference, even if the number is exactly the same," Piscopo told Bloomberg Tax. Big Four accounting firms—EY, Deloitte, PwC, and KPMG—have started equipping staff with AI tools that promise increased efficiency and improved workflows. The new tech is prompting the industry at large to examine its workforce strategies and pricing models to stay competitive and attract talent. In this week's Talking Tax, Piscopo sat down with Bloomberg Tax reporter Jorja Siemons to discuss how firms and workers alike can navigate the current talent market. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Apr 8

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16 min
Apr 17

K&L Gates Goes on the Offensive in the Legal Talent Wars

When it comes to winning the legal industry talent wars, the best defense is a good offense, according to K&L Gates' global managing partner, Stacy Ackermann. Her firm is "going out into the market" rather than "being in a reactionary mode of 'Let's see what comes to us and what the headhunters bring to us,'" Ackermann said. She spoke to Bloomberg Law editor Chris Opfer on our podcast, On The Merits, about how competitive the market for legal talent has gotten, even in secondary markets like her home base of Charlotte, N.C. She also talked about why K&L Gates is continuing to push its attorneys to use AI, even after some of its attorneys got reprimanded last year for using hallucinated citations in a court case. "I remember not so long ago that clients would say to me 'Please tell me you're not using AI,'" Ackermann said. "And now they're saying to me 'Please tell me you are using AI.'" Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

Apr 17

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14 min
07/11/2025

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.

07/11/2025

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30 min
Apr 9

Say Goodbye to the Era of Never Changing Law School Rankings

For a long time, the top dozen or so law schools in US News & World Report's annual rankings stayed remarkably consistent, with Yale for example holding the top spot every year since the rankings debuted in 1990. But not this year. Yale is now no longer at the very top of the highly influential rankings, which were unveiled earlier this week, having slid down to number two. While this may seem insignificant, Bloomberg Law columnist David Lat said even dropping one spot can tangibly affect a law school's brand. Lat spoke about this with Bloomberg Law editor Jessie Kokrda Kamens for our podcast, On The Merits. He said recent changes in the methodology for compiling these rankings means we should expect more movement in and out of the top spots in years to come. Lat also talks about why the rankings matter for Big Law talent recruitment and beyond. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

Apr 9

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13 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 Shows

Justice Stephen Breyer on Trump, the Rule of Law, and Whether the Supreme Court is Political

SPECIAL: Justice Stephen Breyer on Trump, the Rule of Law, and Whether the Supreme Court is Political

Corporate Tax Disclosures Let Investors Peer Into the Black Box

How the DOJ Decides Who Gets Charged and Who Doesn't in America

Sidley Leader Yvette Ostolaza Shares Growth Strategy

Justice Transformed: When DOJ Norms Disappear

Accounting Firms Navigate Compensation as AI Tools Upend Work

K&L Gates Goes on the Offensive in the Legal Talent Wars

Supreme Court Term to Have Lasting Impact With Few Blockbusters

Say Goodbye to the Era of Never Changing Law School Rankings

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