On The Merits

Big Law's Addiction to 'Prestige' Numbed by Pandemic


Listen Later

For his 100th column for Bloomberg Law, Roy Strom looked back at the seismic changes that have taken place in the legal industry during the pandemic. He says the pandemic has shown many of the country's biggest law firms that there is much more to Big Law than chasing prestige.

Law firms are now opening satellite offices in Salt Lake City and Austin, Texas. And we've seen Big Law continue to move away from lockstep compensation, which many in the industry now consider an anachronism. Additionally, the mindset of prizing revenue above all else is starting to fade as well.

Roy Strom joins this week's episode of On The Merits to talk about Big Law two years later.


Have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

...more
View all episodesView all episodes
Download on the App Store

On The MeritsBy Bloomberg Industry Group

  • 4.1
  • 4.1
  • 4.1
  • 4.1
  • 4.1

4.1

30 ratings


More shows like On The Merits

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,333 Listeners

WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,755 Listeners

Bloomberg Law by Bloomberg

Bloomberg Law

363 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,108 Listeners

Above the Law - Thinking Like a Lawyer by Legal Talk Network

Above the Law - Thinking Like a Lawyer

442 Listeners

Odd Lots by Bloomberg

Odd Lots

1,786 Listeners

Cases and Controversies by Bloomberg Law

Cases and Controversies

151 Listeners

The Daily by The New York Times

The Daily

111,470 Listeners

Talking Tax by Bloomberg Tax

Talking Tax

111 Listeners

Interesting Times with Ross Douthat by New York Times Opinion

Interesting Times with Ross Douthat

6,635 Listeners

What Next | Daily News and Analysis by Slate Podcasts

What Next | Daily News and Analysis

2,387 Listeners

Post Reports by The Washington Post

Post Reports

5,448 Listeners

UnCommon Law by Bloomberg Industry Group

UnCommon Law

170 Listeners

The Journal. by The Wall Street Journal & Gimlet

The Journal.

5,886 Listeners

The Big Take by Bloomberg

The Big Take

154 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

367 Listeners