Bite-Sized Business Law Roy Strom on Big Changes in Big Law
Roy Strom began his career as a sports writer, but when he was exposed to the world of legal journalism, he realized that was where he belonged! Growing up in a family of business owners, Roy has always been interested in how businesses run, and today he is the author of Bloomberg’s Big Law Business column, which covers the culture and economics surrounding the business of big law. In this episode, Roy shares an overview of how his career has evolved over time, the changes he has witnessed, his approach to conducting research for his widely-read articles, some of the biggest misconceptions that he held about the field of law prior to becoming so deeply involved with it, and his thoughts on a few of the trends that are currently taking place in the industry.
Key Points From This Episode:
- Roy’s original career goal and how he ended up becoming a legal journalist.
- An overview of Roy’s career to date.
- The areas of law that Roy focuses his writing on.
- Roy explains how he conducts research for his articles.
- Some of the biggest misconceptions about big law firms.
- The ethics rule currently causing a lot of debate.
- Reasons why lawyers are averse to non-lawyer ownership models.
- The influx of federal judges into big law firms.
- Roy’s thoughts on how AI is likely to impact the legal world.
- What Roy would choose to be if he wasn’t a journalist.
Links Mentioned in Today’s Episode:
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