Trump’s win could put ‘legal industry on steroids,' consultant says
The legal industry stands to benefit when Donald Trump takes office. That's the conclusion of legal consultant Peter Zeughauser.
Zeughauser tells Law360 (sub. req.) that “we’re going to see a legal industry on steroids” with Donald Trump in office. A Trump administration “would be the biggest thing in the legal industry since the enactment of the U.S. Constitution,” he declared.
Trump could begin changing immigration law immediately with executive actions that repeal President Barack Obama’s deferred deportation program, according to the article. Changes in immigration law would mean work for immigration lawyers asked to advise businesses on how to keep their workers, immigration lawyers told Law360. Trump could also increase corporate audits to make sure companies are complying with record-keeping requirements to prove their employees are eligible to work here.
Lawyers working in the area of international trade would “have a field day” if Trump acts on his pledges to renegotiate trade deals and impose protectionist measures, according to the article. Some of his actions could bring legal challenges before the International Trade Commission.
Changes to the Affordable Care Act could also affect the legal industry. Whether or not Congress adopts Republican ideas to change the health care law, “the legal industry expects the jockeying over health policy to continue to benefit it,” the story says.
Trump’s pledge to increase spending to rebuild infrastructure could also “steer a lot of work to the legal sector,” according to the story. “Any effort to strengthen roads or speed up railways inevitably runs up against a range of property concerns and regulatory hurdles.”