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WHAT WE’RE WATCHING
BIDEN TIME - In yesterday’s Law.com Trendspotter column, we looked at what a Biden presidency could mean for dealmakers. While the long-term outlook is mixed for M&A work (especially if Democrats seize control of the Senate), there are a bunch of other practices that are arguably more likely to enjoy a sustained Biden bump. As Patrick Smith reports, several industry experts and law firm leaders said they expect work to increase in tax, regulatory and enforcement, state attorneys general and white-collar practices. Meanwhile, a few observers noted they do still have fairly high hopes for M&A activity—at least in the short term—if Biden’s proposed tax changes spur deals to get done under the wire and a more vigorous response to the pandemic leads to an economic rebound.
