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On The Merits  

On The Merits

Author: Bloomberg Industry Group

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.
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Language: en

Genres: Business, Business News, News

Contact email: Get it

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AI Poses Private Capital Opportunity, Mayer Brown Chief Says
Tuesday, 17 March, 2026

Outside investors circling law firms may help some shoulder the growing costs of artificial intelligence, according to Mayer Brown's Jon Van Gorp. "I could see private capital providing specific funding for AI with a use agreement between the firm and the AI vehicle where it's tailored, just like litigation funding," Van Gorp, the firm's chairman, said on Bloomberg Law's On The Merits podcast. Still, the unique aspects of the legal services business pose challenges for broader outside investment in large firms, Van Gorp said. The "practice of law is still a profession, and lawyers still have their way of doing things," he said. Van Gorp spoke to Bloomberg Law reporter Roy Strom about AI's "big question that everybody's talking about." He also discussed his firm's focus on servicing energy markets, the turbulent times for private credit markets, and the impact of President Donald Trump's war on the legal industry. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

 

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