New Podcast with Professor John Morley Examines the Coming Legal Industry Shakeup
Professor John D. Morley ’06 has a new podcast that looks at the forces that are remaking the legal industry. “New Law Order” is series co-hosted by Morley and TalksOnLaw founder Joel Cohen. The podcast examines the technologies, business models, and incentives that are driving these changes in legal services.
Morley, the Augustus E. Lines Professor of Law, writes about law firms as part of an interest in the law and economics of organization. His research on organization includes a study of why law firms collapse and a history of the common law trust as a substitute for the corporate form.
On each episode of the podcast, Morley and Cohen talk with managing partners, founders and others actively changing the practice of law. The series opener is an interview with legal analyst and author Jeffrey Toobin on the legal industry’s response to the Trump administration executive order targeting major law firms. Toobin, a New Yorker staff writer, argues that law firm settlements with the Trump administration were a “capitulation.” Morley and Cohen delve into the executive order again on the next episode, a conversation with former Paul Weiss chairman Brad Karp. The recent law firm leader takes a different stance, arguing that his firm’s settlement was necessary to protect thousands of employees and save the firm.
Other past and future guests include John Quinn (founder, Quinn Emanuel), Chris Bogart (CEO, Burford Capital), Michael Gerstenzang (managing partner, Cleary Gottlieb), and Yale Law School’s Scott Shapiro (the Charles F. Southmayd Professor of Law).
In addition to his work on organization, Morley is a leading expert on the regulation and structure of investment funds. He also writes about the law of trusts and estates and served as the reporter for the Uniform Directed Trust Act. At Yale Law School, he has taught classes on business organizations, securities regulation, trusts and estates, and investment management regulation. He also serves at the faculty director of the Chae Initiative in Private Sector Leadership.
