Big Law Business

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Sinopse

The business of law, and news and information about the largest U.S. law firms, with Josh Block and Casey Sullivan. Big Law Business is a legal community site from Bloomberg BNA.

Episódios

  • Fauci Heads to Capitol Hill For More Covid Funding

    10/05/2022 Duração: 11min

    Dr. Anthony Fauci is a household name, but that doesn't mean he gets everything he wants from Congress. As the head of the National Institute of Allergy and Infectious Diseases, Dr. Fauci is heading to Capitol Hill to try to convince legislators to fund President Biden's $10 billion Covid-19 bill. Bloomberg Law health reporter Jeannie Baumann spoke to Dr. Fauci about what his agency needs the funding for, what will happen if it doesn't materialize, and whether we'll see a new viral variant in the future. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Supreme Court Leak May Start a New Era for Justices

    03/05/2022 Duração: 14min

    We got a window into the inner workings of the usually secretive Supreme Court with a leaked draft opinion in a landmark abortion case. As surprising, even shocking, as this leak was, it could be the beginning of a new era at the court in which the justices' private deliberations are no longer sacrosanct and leaks become more common. On this special breaking news edition of On The Merits, Kimberly Robinson and Jordan Rubin, hosts of our Supreme Court podcast Cases and Controversies, talk about what this might mean for the future of the court and about how the leaked opinion itself could affect women seeking abortions. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Pandora, Spotify Face Comics' Costly Copyright Suits

    26/04/2022 Duração: 14min

    When it comes to copyright law, stand-up comedy recordings have generally been treated differently than music recordings. At least, until now. The estates of Robin Williams and George Carlin are among several plaintiffs in a copyright infringement lawsuit against Pandora that centers on whether the streaming service has the proper license for their work. Spotify is also having similar disputes with comics, though out of court. On today's episode of our weekly legal news podcast, On The Merits, Bloomberg Law reporter Isaiah Poritz explains how the copyright discrepancy between comedy and music started, why it may be going away, and why the comics suing these streaming giants will probably end up laughing all the way to the bank. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • On Abortion, Red States Not Waiting for Supreme Court

    19/04/2022 Duração: 17min

    This summer, the Supreme Court is expected to hand down a ruling in a case called Dobbs v. Jackson Women's Health Organization. It could significantly alter—or even eliminate altogether—Roe v. Wade and the legality of abortion in America. But rather than waiting to see what the justices do, many Republican-led states are moving to enact their own restrictive abortion laws. And some blue state legislatures are working to bolster abortion access. On today's episode of On The Merits, our weekly legal news podcast, we examine the state of abortion laws in the states. Bloomberg Law correspondent Jennifer Kay explains why some states are not waiting for the Dobbs opinion to act, while Bloomberg Law reporter Lydia Wheeler discusses whether these laws could apply to out-of-state health care providers. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Women Struggle to Bring Equal Pay Suits to Court

    12/04/2022 Duração: 22min

    A bill is currently sitting on the desk of Gov. Tate Reeves (R) that would make his state, Mississippi, the 50th and final one to adopt a law mandating equal pay for men and women. However, not all women are celebrating. Women's rights advocates say the Mississippi law is watered down to the point of absurdity—for example, it allows employers to pay women less based on their prior salary or their "negotiating tactics." On today's weekly legal news podcast, On The Merits, we hear from Andrea Johnson, director of state policy at the National Women's Law Center, about where the equal pay movement stands, both in the courts and state legislatures. She tells Bloomberg Law correspondent Jennifer Kay that lawmakers are acting out of unfounded fears that employers will be deluged with compensation-related lawsuits. In reality, Johnson says, bringing and winning a pay discrimination suit is very difficult, even in states with robust equal pay laws. Do you have feedback on this episode of On The Merits? Give us a call

  • ESG Investors Get Big Win With New SEC Climate Rule

    29/03/2022 Duração: 17min

    Some good news for ESG investors, and even better news for accountants: the Securities and Exchange Commission just unveiled a new proposal that would force public companies to disclose mountains of climate change information. The proposal goes far beyond requiring disclosure of the fossil fuels a company itself uses: It would also have companies report out the carbon footprint of their supply chains and even, in some cases, of the customers who use their products. On today's On The Merits, our weekly legal news podcast, we hear from Bloomberg News sustainability editor Eric Roston about what's in this SEC proposal and why, for so-called "green investors," this has been a long time coming. We also hear from Bloomberg Tax's Amanda Iacone about why these disclosure rules could be a boon for accountants. After all, someone has to audit all of those new corporate climate statements. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Apple Litigation Is Very Lucrative for Some Firms

    28/03/2022 Duração: 18min

    A Bloomberg Law analysis found that, within the tech industry, Apple uses outside law firms at a rate three times higher than its nearest rival. But which firms the iPhone maker uses may surprise you. On this episode of On The Merits, we hear from three Bloomberg Law reporters about why the Silicon Valley giant steers a large portion of its legal business toward two small-to-mid-size Southern law firms. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Jackson Defends Her Defense Work in Senate Hearings

    22/03/2022 Duração: 09min

    Judge Ketanji Brown Jackson spent a good portion of the first day of her Supreme Court nomination hearings in the U.S. Senate defending her work as a defense lawyer. Republicans on the Senate Judiciary Committee grilled the nominee about her time as a public defender, including her work defending prisoners held at Guantanamo Bay. Senators also targeted sentences she handed down to people convicted on child pornography charges when she was a judge on the U.S. District Court for the District of Columbia. On this episode of our weekly legal news podcast, On The Merits, we talk to Bloomberg Law reporter Jordan Rubin about how the hearings have been going so far, why Republicans are choosing this line of attack, and whether there's anything the GOP might do to stop Judge Jackson from becoming Justice Jackson. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • War in Ukraine and Life-or-Death Choices for Big Law

    08/03/2022 Duração: 16min

    Law firms that do business in Ukraine or in Russia have had to make a series of rapid decisions over the past weeks that could have the highest of consequences. Maintaining relationships with Russian clients, aside from earning them public condemnation, could put law firms afoul of new sanctions imposed after Russia's invasion of its neighbor last month. But dropping clients could also subject their Russian staffers to state-sanctioned retaliation. And this is to say nothing of the firms that have offices in Ukraine itself, where just ensuring the physical safety of their attorneys is a challenge. On today's On The Merits, our weekly legal news podcast, Bloomberg Law editor Chris Opfer talks about why some firms have turned on a dime to drop their Russian business, while others haven't and still others can't. Chris also talks about why the developments of the past weeks show that reputational risk is a much bigger factor in law firms' decision making than it was just a few years ago. Do you have feedback on

  • Bloomberg Law's Story on Women and the Partner Track [Narrated Article]

    05/03/2022 Duração: 07min

    In this special bonus episode, listen to Bloomberg Law reporter Ayanna Alexander read her story about women who reject the partner track at big law firms.

  • Trump's Multidimensional Legal Peril Drags Into 2022

    01/03/2022 Duração: 20min

    The former president of the United States is waging a complex defensive legal battle on numerous fronts. From Manhattan to Albany to Atlanta and elsewhere, prosecutors are circling Donald Trump, his business, and his family. The latest blow came last month when accounting firm Mazars USA LLP not only cut ties with Trump but also announced it was disavowing a decade's worth of his financial statements. It was a move that some speculated may indicate Mazars is now cooperating with prosecutors investigating Trump's businesses. On today's episode of our weekly podcast, On The Merits, we speak with three reporters covering the intricate legal dealings of the former president. Amanda Iacone, Erik Larson, and Greg Farrell talk about some of the most prominent investigations into Trump, why they're moving so slowly, and about whether Trump will have enough resources to keep fighting them. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Bloomberg Law's Profile of Kirkland & Ellis [Narrated Article]

    19/02/2022 Duração: 17min

    In this special bonus episode, listen to Bloomberg Law columnist Roy Strom read his story profiling one of the largest and most powerful law firms in America, Kirkland & Ellis.

  • EV Charger Locations Might Make 'Filling Up' Tricky

    15/02/2022 Duração: 11min

    Within a decade or so, at least several states will have banned the sale of new gas-powered automobiles. The electrification of America's cars is coming, but is America ready? To get the country ready, President Biden and Democrats in Congress gave states more than $7 billion to install electric vehicle charging stations across the country. But, as Bloomberg Government's Lillianna Byington found, an Eisenhower-era law means these charging stations can't be built on highways, as many EV advocates had hoped. On today's episode of our On The Merits podcast, Lillianna explains why road-tripping EV drivers will have to get off of the highway to charge up. She also talks about some of the other obstacles EVs must overcome before overtaking their gas-powered predecessors. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • NFL's Flores Suit Illuminates Limits of Rooney Rule

    08/02/2022 Duração: 19min

    The Rooney Rule started in the NFL, but it has since transcended the league—and professional sports altogether—to become a diversity initiative used across corporate America. The rule, named after former Pittsburgh Steelers owner Dan Rooney, requires any organization that implements it to interview at least one minority candidate for senior job openings. But, as last week's explosive lawsuit from former Miami Dolphins coach Brian Flores shows, the Rooney Rule has some glaring limitations. On this episode of our weekly legal news podcast, On The Merits, we discuss those limitations with Bloomberg News courts reporter Chris Dolmetsch and Bloomberg Law employment reporter Erin Mulvaney. Chris tells us about the origins of Flores' suit and the high-profile lawyer representing him, while Erin explains the current thinking on whether the Rooney Rule is still effective. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • NYC's Broken Property Tax System Causing Real Pain

    01/02/2022 Duração: 17min

    No property tax system is totally fair, but few are as unbalanced and often skewed in favor of the wealthy as New York City's. A law passed in Albany in the early 1980's was supposed to keep taxes on the Big Apple's single-family homes from rising too quickly. But what that means is that now a co-op in Staten Island has a tax bill 2,000% higher than a similarly priced brownstone in Brooklyn. On today's episode of our weekly legal news podcast, On The Merits, we hear from Bloomberg Law's Donna Borak and Andrew Satter, who just published a big investigation into this topic. They tell us about what they've learned and about exactly how the city's Kafkaesque property tax system hurts its homeowners. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Breyer's Clerks Recall 'Happy Warrior'

    27/01/2022 Duração: 09min

    Justice Stephen Breyer is known for letting his flamboyant intellect shine on the bench. And, according to those who clerked for him, Breyer's personality outside of the courtroom was no different. It was reported earlier today that this will be the 27-year veteran of the Supreme Court's final term. To learn more about who Breyer is, we spoke with some of the attorneys who clerked for the Justice over the years. Breyer was described as someone with an insatiable, extroverted mind, who thrived on conversation—sometimes to a fault. Andrew Crespo, a former clerk and current Harvard Law School professor, said going to lunch with the Justice required finding a restaurant with lots of space "so that, when we're sitting down and he's telling us all these stories about the Court, that we weren't accidentally sitting next to a reporter." In this special episode of our Cases & Controversies podcast, former Breyer clerks share stories from their time at the Court and about the man they describe as a "happy warrior," who

  • Diversity & Disability: A Live Legal Discussion

    25/01/2022 Duração: 20min

    There's been a big push in recent years to make the legal profession more diverse, especially within Big Law. So why has this largely excluded people with disabilities? The stigma against people with disabilities in the workplace is strong, even—and especially—at law firms, according to Bloomberg Law reporter Ayanna Alexander. On today's On The Merits podcast, we present a live online discussion with Ayanna about her recent story about the push to diversify the diversity movement within the legal profession. Ayanna talks about why so few law firms have signed an ABA pledge on people with disabilities and why firms likely employ many more attorneys with disabilities than they realize. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Cravath, Kirkland, Other Titans Have Another Huge Year

    11/01/2022 Duração: 12min

    It was an extraordinarily lucrative year for law firms that help companies go public, or that help companies make acquisitions. Thanks to the frenzied SPAC boom, along with rock bottom interest rates, corporate transaction activity in 2021 shattered records. However, the largest beneficiaries of this activity were not upstart, boutique firms but rather the titans of the legal world: Kirkland & Ellis, Davis Polk & Wardwell, Wachtell Lipton Rosen & Katz, Ropes & Gray, and so on. On today's episode of On The Merits, our weekly legal news podcast, we hear from Bloomberg Law's Roy Strom and Ruiqi Chen about why the rich seem to only get richer in the Big Law world. They also get into the reasons why 2022 could be a far less active year for M&A and IPO business. Have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Covid Disability Claims Get Some Clarity, But Not Much

    04/01/2022 Duração: 16min

    Both employers and employees got a little bit of clarity last month when the EEOC issued guidance confirming that, yes, Covid-19 can trigger a disability as defined by the Americans with Disabilities Act. But will this document put to rest all disputes between employers and employees about Covid-19 and disability claims? Not by a long shot. On today's episode of our weekly legal news podcast, On The Merits, employment law reporter Erin Mulvaney joins us to talk about what the Equal Employment Opportunity Commission just did. She explains why the agency is addressing both employers who aren't recognizing a disability, and employers who are tagging their workers as disabled unwillingly. Have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

  • Competing Climate Rules Worry Federal Contractors

    21/12/2021 Duração: 14min

    Federal contractors are going to have to share more information about their greenhouse gas emissions with the public, under new General Services Administration reporting requirements the White House introduced earlier this month. However, this isn't the only climate reporting rule these contractors will have to mind. The Securities and Exchange Commission is about to release its own reporting rules early next year, and no one seems to be sure where or whether the two rules will overlap. On today's episode of On The Merits, our weekly legal news podcast, Bloomberg Law's Andrew Ramonas explains how these dueling climate rules could open federal contractors up to serious legal liability—especially if these firms provide conflicting data to different federal agencies. 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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