NCAA Goes to Congress to Snap Its Legal Losing Streak
On The Merits
by Bloomberg Industry Group
2d ago
Since a landmark Supreme Court decision against it three years ago, the NCAA has suffered a string of legal losses in its effort to block changes to how, and whether, its athletes are compensated. Now, it's trying to turn this trend around by moving the fight from the courthouse to Capitol Hill. The NCAA has at least two allies in Congress, Sens. Joe Manchin (D-W. Va.) and Tommy Tuberville (R-Ala.). The pair have introduced legislation that would roll back many of the NCAA's recent adverse court decisions. In the meantime, the setbacks for the NCAA keep coming. A court decision last week force ..read more
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Can't Afford a Lawyer? AI Might Be the Solution
On The Merits
by Bloomberg Industry Group
4d ago
The cost of an attorney is far out of reach for many middle- and low-income Americans. This has serious negative consequences on both society and the rule of law, according to Ray Brescia, a professor at Albany Law School and author of a new book about the future of the legal profession. Increasing the supply of attorneys is one potential solution. But Brescia says another is to turn the legal profession into a commodity with the help of technology—specifically, artificial intelligence. In this episode of our news podcast, On The Merits, Brescia talks about the ways that AI and other technolog ..read more
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Can't Afford a Lawyer? AI Might Be the Solution
On The Merits
by Bloomberg Industry Group
1w ago
The cost of an attorney is far out of reach for many middle- and low-income Americans. This has serious negative consequences on both society and the rule of law, according to Ray Brescia, a professor at Albany Law School and author of a new book about the future of the legal profession. Increasing the supply of attorneys is one potential solution. But Brescia says another is to turn the legal profession into a commodity with the help of technology—specifically, artificial intelligence. In this episode of our news podcast, On The Merits, Brescia talks about the ways that AI and other technolog ..read more
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Big Law Tilts Liberal—But How Much Does It Matter?
On The Merits
by Bloomberg Industry Group
2w ago
Many have long suspected that the legal profession, and so-called "Big Law" in particular, has a liberal lean. A new study looking at Supreme Court amicus briefs supports this suspicion with some of the strongest empirical evidence yet. The study found that firms overwhelmingly choose liberal clients instead of conservative clients when working on pro bono cases before SCOTUS. Legal journalist and Bloomberg Law columnist David Lat says this finding isn't surprising, but what's interesting is thinking about why this is and what, if anything, firms should do about it. Lat joins our podcast, On T ..read more
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Musk Can Fume, But He Probably Can't Leave Delaware
On The Merits
by Bloomberg Industry Group
3w ago
Elon Musk was unhappy, to put it mildly, with the ruling last week from a Delaware court that invalidated a $55.8 billion pay package he received from Tesla, his electric car company. Shortly afterward, he threatened to move Tesla's incorporation out of Delaware to a less shareholder-friendly state. But, as we discuss in this episode of our news podcast, On The Merits, doing so will likely just land Musk back in the same Delaware court that's the target of his current ire. Bloomberg Law reporters Mike Leonard and Jennifer Kay explain why this court voided Musk's massive pay package, and why th ..read more
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Races to Watch As 2024 Congressional Primaries Begin
On The Merits
by Bloomberg Industry Group
3w ago
November's general election is still nine months away, but the preliminary battles between Republicans and Democrats that will shape this year's Congressional races are about to begin. States will begin to hold congressional primaries starting in early March. And special elections will continue to play out throughout the year, including next week's contest to replace disgraced former Rep. George Santos (R-NY). Bloomberg Government's Greg Giroux joins us on this episode of our podcast, On The Merits, to talk about which races to watch in the months ahead, why retaining the Senate will be diffic ..read more
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Legal Malpractice Suits on the Rise, Led by Musk, 3M
On The Merits
by Bloomberg Industry Group
1M ago
The legal industry used to have a stigma against attorneys representing legal malpractice clients who are suing other attorneys. But that stigma, if it still exists, has definitely faded. Data from legal malpractice insurers shows that the dollar amount of these suits has ballooned in recent years. That includes one of the most high profile suits: Elon Musk's claim against the mega-firm Wachtell, Lipton, Rosen & Katz disputing $90 million in fees for work on his Twitter purchase. On this episode of our news podcast, On The Merits, Bloomberg Law reporter Tatyana Monnay talks about how firms ..read more
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AI Panic or Real Threat? Campaign Ads and New Tech
On The Merits
by Bloomberg Industry Group
1M ago
The Republican National Committee's release of an AI-generated ad last year turned a lot of heads among professional campaigners, and it led some of them to say this new tech has no place in political races. But is this stance sensible, or is it another instance of "AI panic" sweeping the culture? Jessica Furst Johnson, an election law attorney with the firm Holtzman Vogel who's worked in Republican politics for years, thinks it's closer to the latter. Johnson joins our podcast, On The Merits, to talk about how AI, when used properly, could be an effective—not to mention cost-saving—tool for c ..read more
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Despite Law, Many Civil Rights Killings Stay Unsolved
On The Merits
by Bloomberg Industry Group
1M ago
John Lewis, the late Congressman and civil rights hero, authored a law in 2007 that tasked the Justice Department with reopening and reinvestigating racially-motivated killings from the Civil Rights era. More than 15 years later, the Justice Department has failed to bring charges in nearly all of the cold cases it has reopened. On our weekly podcast, On The Merits, Bloomberg Law reporter Ronnie Greene talks about why the DOJ has had such little success prosecuting these cases. Moreover, he says, civil rights advocates worry the Justice Department's lack of results may cause Congress to lose pa ..read more
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Giuliani, Alex Jones and the Pipeline Into Bankruptcy
On The Merits
by Bloomberg Industry Group
1M ago
Rudy Giuliani and Alex Jones are two high profile examples of instances where losing a defamation case at trial leads a defendant directly into bankruptcy. Christopher Hampson, a law professor at the University of Florida, calls this the "defamation-to-bankruptcy pipeline." However, election-denying former mayors and conspiracy-peddling shock jocks aren't the only ones who might find themselves sucked in. Hampson says damages in defamation cases are becoming increasingly enormous because of the ability of falsehoods to spread online. Additionally, he says bankruptcy filers might not be able to ..read more
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