Jessie Kamens

1 month ago | news.bloombergtax.com | Jessie Kamens

President Donald Trump has targeted major law firms in his second term in unprecedented ways. He hit three Big Law firms with executive orders that pose potentially existential threats to those firms. Then on March 21, the Trump administration issued a broad memo targeting any lawyer who files “frivolous, unreasonable, and even vexatious litigation against the United States.”Listen here and subscribe to On The Merits on Apple Podcasts, Spotify, Megaphone, or Audible.

1 month ago | news.bloomberglaw.com | Jessie Kamens

President Donald Trump has targeted major law firms in his second term in unprecedented ways. He hit three Big Law firms with executive orders that pose potentially existential threats to those firms. Then on March 21, the Trump administration issued a broad memo targeting any lawyer who files “frivolous, unreasonable, and even vexatious litigation against the United States.”On this podcast episode we’re talking about yet another way the administration is going after firms.

1 month ago | news.bloomberglaw.com | Jessie Kamens

After Donald Trump won the presidential election, dealmakers at corporations—and the Big Law lawyers that represent them—were optimistic about the prospects for increased corporate mergers and acquisitions. But the first two months of 2025 have fallen far short of expectations. Not only have deal tallies been lower than hoped, they are the lowest in five years. On this episode of our podcast, On The Merits, Bloomberg Law’s Mahira Dayal talks about what this slowdown means for law firms.

1 month ago | news.bloombergtax.com | Jessie Kamens

After Donald Trump won the presidential election, dealmakers at corporations—and the Big Law lawyers that represent them—were optimistic about the prospects for increased corporate mergers and acquisitions. Listen here and subscribe to On The Merits on Apple Podcasts, Spotify, Megaphone, or Audible. But the first two months of 2025 have fallen far short of expectations. Not only have deal tallies been lower than hoped, they are the lowest in five years.

1 month ago | news.bloomberglaw.com | Jessie Kamens

The Foreign Corrupt Practices Act has been a mainstay of corporate culture for the last quarter-century, and has cost companies millions, sometimes even billions, of dollars in fines. And that’s before you start counting the lawyers’ fees. This law, used to prevent US businesses from engaging in bribery to win foreign business, has seen a major uptick in enforcement over the last 25 years. And, over that period, it has become a major revenue driver for elite law firms.