David Schultz - Profile and Journalist Details
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David Schultz
Verified
Podcast and Audio Producer, Bloomberg Industry Group
Washington
Beats
Financial markets, real estate, politics, religion.
Content
By David Schultz| Bloomberg Law Verified Like a run on a bank, law firms can quickly collapse if a few rainmakers pick up and take their books of business elsewhere—a vicious cycle that’s hard to stop once it gets going. Listen here and subscribe to On The Merits on Apple Podcasts, Spotify, Megaphone, or Audible. That’s the takeaway from a law review article by Yale professor John Morley. He says a partner exodus can happen quickly because there’s a huge financial incentive not to be one of the last partners remaining at a firm.
By David Schultz| Bloomberg Tax Verified Like a run on a bank, law firms can quickly collapse if a few rainmakers pick up and take their books of business elsewhere—a vicious cycle that’s hard to stop once it gets going. Listen here and subscribe to On The Merits on Apple Podcasts, Spotify, Megaphone, or Audible. That’s the takeaway from a law review article by Yale professor John Morley. He says a partner exodus can happen quickly because there’s a huge financial incentive not to be one of the last partners remaining at a firm.
By David Schultz| Bloomberg Law Verified Like a run on a bank, law firms can quickly collapse if a few rainmakers pick up and take their books of business elsewhere—a vicious cycle that’s hard to stop once it gets going. Listen here and subscribe to On The Merits on Apple Podcasts, Spotify, Megaphone, or Audible. That’s the takeaway from a law review article by Yale professor John Morley. He says a partner exodus can happen quickly because there’s a huge financial incentive not to be one of the last partners remaining at a firm.
Company Info
Bloomberg Industry Group
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981