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On The Merits

On The Merits

Di: Bloomberg Law
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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.© 2026 Bloomberg Industry Group, Inc. All Rights Reserved Economia Politica e governo
Episodi
  • Elite Law Firms Are Leaving Their Rivals Behind

    Elite Law Firms Are Leaving Their Rivals Behind
    Sep 16 2026
    A new study from Chambers and Partners reveals that the most elite, fastest-growing law firms, such as Kirkland & Ellis and Latham & Watkins, are seeing a compounding of their success — and the window is narrowing for other firms to catch up. On this episode of On the Merits, Chambers CEO Tim Noble and Chief Product & Innovation Officer Lisa Hart Shepherd discuss this first ever report crunching the millions of data points Chambers has collected over the past decade about the top 100 law firms. “So, we found that there was a huge disparity in performance,” Shepherd said. “You’ve got firms that are growing well over a hundred percent over the period, and we’ve got a few that are declining and everything in between.” Shepherd said the top performers excelled in premium practices and offered a distinctive client experience. READ MORE: Chambers Advantage Index Firms that were growing quickly but don’t have the scale or reputation of the top firms — firms such as Polsinelli and McGuireWoods — need to find an advantage to compete, Noble said. “Targeting talent” is a possible path for these firms to reach the top tier, he said, but these firms are going to need to make “transformational moves” to catch up.
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    19 min
  • When Winston Met Taylor: US-UK Firm's Chief Looks to Bridge Gaps

    When Winston Met Taylor: US-UK Firm's Chief Looks to Bridge Gaps
    Jul 30 2026
    "Culture" is a popular buzzword for law firm leaders describing in vague terms what sets them apart from their rivals. For Winston Taylor's Steve D'Amore, it's a key part of melding the two firms that combined in June in Big Law's latest transatlantic merger. "We put culture at the top of the list of things that were important to make sure we had right," D'Amore said on Bloomberg Law’s podcast, On The Merits. That includes blending US and European approaches to consensus building and urgency to attain "urgent collaboration" across the newly minted $1.75 billion firm, he said. Chicago's Winston & Strawn and UK firm Taylor Wessing hired BDO Global to analyze cultural compatibility before the merger was announced and brought the consultants back to look at pain points after completing the tie-up, D'Amore told Bloomberg Law reporter Roy Strom. Winston Taylor's leaders are also trying to bridge gaps on lawyer pay, client conflicts, practice group structures and AI tools. Do you 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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    24 min
  • Baker McKenzie Head: Law Firm Billing Should Be Ready to Move On

    Baker McKenzie Head: Law Firm Billing Should Be Ready to Move On
    Jul 20 2026
    AI is changing the way the legal profession operates and everyone — lawyers, law firms, and especially clients — needs to look past the institution that is the billable hour, according to Baker McKenzie global chair Sunny Mann. “We all need to collectively move on in our thinking to get alternative fee arrangements working in the right way," he said on Bloomberg Law's On The Merits podcast. Mann spoke to Bloomberg Law reporter Roy Strom about how his firm is using AI to change its relationship with its clients, the role AI played in its recent layoffs of professional staff, and what it's like for him to lead a global law firm during a time when globalization may be on the wane. Do you 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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    17 min
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