'Sharp and Profound' Policy Shifts Prompt DC Law Firms to Evaluate Opportunities, Challenges
Partners say they expect certain practices to benefit from President-elect Donald Trump's regulatory agenda, such as international trade, antitrust, tax and national security. At the same time, some areas may see a slowdown.
November 08, 2024 at 06:00 AM
5 minute read
What You Need to Know
- Firms in D.C. are expecting their regulatory practices to be busy next year advising clients on policy changes.
- However, there may be a slowdown in practices such as FDA or environmental, compared with what was seen under the Biden administration.
- Regardless, a flood of government attorneys are likely to hit the job market, in light of the change in hands.
President-elect Donald Trump's second term could shake things up for Big Law firms in Washington, D.C., with firm leaders anticipating big changes in their regulatory practices.
Partners say they expect certain practices to benefit from Trump's regulatory agenda, such as international trade, antitrust, tax and national security. At the same time, some areas may see a slowdown, such as Food and Drug Administration and renewable practices.
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