The full policymaking implications of Joe Biden’s November triumph over Donald Trump in the presidential election won’t be clear until two Jan. 5 runoff elections in Georgia determine control of the Senate. But even with a Republican-controlled Senate, lawyers in the United States can expect the 46th president to use the levers he has at his disposal to heighten supervision over the financial industry, along with health care and Big Tech.
And even if America’s stature has been decreased globally as a result of Trump’s impulses to isolationism and capricious treatment of U.S. allies, the transition will undoubtedly have an impact on law practices overseas. Attorneys both inside the U.S. and abroad are anticipating a trade environment less buffeted by unanticipated interventions, as well as new opportunities for dealmaking surrounding renewable energy.
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