# Trump, Mergers and AI: A Tumultuous Year in the World of Big Law Page: https://stenobird.com/podcast/on-the-merits-2557762/trump-mergers-and-ai-a-tumultuous-year-in-the-world-of-big-law Text version: https://stenobird.com/podcast/on-the-merits-2557762/trump-mergers-and-ai-a-tumultuous-year-in-the-world-of-big-law.md Podcast: [On The Merits](https://stenobird.com/podcast/on-the-merits-2557762) Published: 2025-12-30T16:36:00+00:00 Episode link: https://traffic.megaphone.fm/BL7769986447.mp3 Audio file: https://traffic.megaphone.fm/BL7769986447.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/on-the-merits-2557762/episodes/trump-mergers-and-ai-a-tumultuous-year-in-the-world-of-big-law Duration seconds: 1019 ## Resource It's not a very controversial statement to say that Donald Trump's attacks on law firms were the biggest Big Law story in 2025. But, according to the guests on today's episode of our podcast, On The Merits, the ramifications of those attacks are still playing out and may spill over into next year and beyond. Bloomberg Law editors Chris Opfer and Alessandra Rafferty said the attacks are still affecting the decisions firms make, or don't make, in hard-to-detect ways—even though the president is no longer actively lobbing punitive executive orders at firms. The two Big Law editors discuss how this is playing out and also whether—and why—we may see more firms merge in 2026. They also get into how the legal industry will be affected if we see an AI bubble burst. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/on-the-merits-2557762/episodes/trump-mergers-and-ai-a-tumultuous-year-in-the-world-of-big-law/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/on-the-merits-2557762/trump-mergers-and-ai-a-tumultuous-year-in-the-world-of-big-law.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.