{"podcast":{"title":"On The Merits","slug":"on-the-merits-2557762","podcast_index_feed_id":2557762,"rss_url":"https://feeds.megaphone.fm/BL7273559964","website_url":"https://news.bloomberglaw.com/podcasts/on-the-merits","image_url":"https://megaphone.imgix.net/podcasts/fb729090-1169-11ea-afa5-0f57b538bde2/image/352e95e75f9eb334924def3e6665b9ca.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Bloomberg Industry Group","episode_count":318,"summary":"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.","last_synced_at":"2026-07-21T06:17:34.164714+00:00","page_url":"https://stenobird.com/podcast/on-the-merits-2557762"},"episode":{"title":"Even Cravath, Wachtell Must Now Fight 'the Talent Wars'","slug":"even-cravath-wachtell-must-now-fight-the-talent-wars","published_at":"2026-02-03T18:58:00+00:00","page_url":"https://stenobird.com/podcast/on-the-merits-2557762/even-cravath-wachtell-must-now-fight-the-talent-wars","show_page_url":"https://stenobird.com/podcast/on-the-merits-2557762","url":"https://traffic.megaphone.fm/BL3674963369.mp3","audio_url":"https://traffic.megaphone.fm/BL3674963369.mp3","summary":"There was a time when elite Wall Street firms such as Cravath or Wachtell seemed to rise above the lateral tug-of-war among other firms. That doesn't appear to be the case any longer, with a handful of partners from both of these firms announcing their departures for competitors last month. \"I don't think these are one-offs,\" legal recruiter Sabina Lippman said. \"It's a pattern.\" Firms like these will need to adjust their mindsets—and perhaps their pay structures as well—to stay at the top, according to two New York-based legal recruiters who spoke on our podcast, On The Merits. Lippman, co-founder and global managing partner at CenterPeak, and Todd Merkin, executive director of Wegman Partners, spoke to Bloomberg Law's Jessie Kokrda Kamens about this newest phase of what Lippman calls \"the talent wars.\" Merkin said that these firms have \"really been focused on talent retention, and not so much on talent acquisition. So they're a little bit behind as far as that goes.\" Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.","meta_description":"There was a time when elite Wall Street firms such as Cravath or Wachtell seemed to rise above the lateral tug-of-war among other firms. That doesn't appe…","key_points":[],"chapters":[],"topics":[],"duration_seconds":968,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/on-the-merits-2557762/episodes/even-cravath-wachtell-must-now-fight-the-talent-wars/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/on-the-merits-2557762/even-cravath-wachtell-must-now-fight-the-talent-wars.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}