So for many white collar criminal defence lawyers, Trump’s defeat at the hands of Democrat Joseph Biden has been cause for celebration.
“The Trump administration’s approach to dealing with white collar crime can be encapsulated in the dozens of pardons that president Trump granted to white-collar criminals stretching back decades,” said Daniel Horwitz, a former prosecutor who is now a partner at McLaughlin & Stern in New York. “Will there be an improvement? The Trump administration set the bar as low as it could possibly be.”
Another white-collar lawyer described fellow members of the trade as “gleeful” — almost inappropriately so — at Biden’s triumph. “The next four years are going to be booming,” he predicted.
‘Enforcement 40’ for 2020
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