Law firms in Washington, D.C., as well as across the country have been rapidly ramping up their regulatory practices in anticipation of enforcement action to come. What could be a perfect storm with the Securities and Exchange Commission, the Department of Justice and congressional oversight committees launching more investigations in the second half of the Biden administration will likely also lead to a boom in regulatory advisory work for law firms, especially in the nation’s capital. This edition’s cover story examines what to expect, which sectors to likely be under special scrutiny and what compliance priorities to focus on.

Meanwhile, more and more federal judges decide to leave the bench to transition into more lucrative private practice or law school teaching roles. Judges who resign also tend to be way below retirement age. Our second feature is taking a closer look at patterns and reasons why judges exit their high-profile roles for other professional endeavors.