Warren Buffett’s Company Runs Without In-House Lawyers (Podcast)

Berkshire Hathaway is unusual in a lot of ways, including the fact that it doesn’t have a general counsel or even an in-house legal team. Today on our weekly podcast, On The Merits, Bloomberg Law’s Brian Baxter explains why Warren Buffett’s holding company exclusively uses an outside law firm and how that firm has benefited from its relationship to The Oracle of Omaha. (3:12)

Also, Bloomberg Law legal reporter Jacklyn Wille tells us about the footnotes of a federal judge in California that are, depending on how you look at it, either extremely passive aggressive or remarkably empathetic. (12:18)