A new Above the Law piece, titled "Iron Curtain Descends On Biglaw Financials," signals that major law firms are becoming less forthcoming about their financial performance. The Cold War metaphor implies a sharp, deliberate cutoff of information, rather than a gradual shift. If accurate, this could make it harder for clients, rivals, and observers to assess the true health of the largest firms.
The provided excerpt also contains a cryptic line about "Supreme Court auditions" being "down the hall and to the extreme right." The source does not explain how this relates to financial transparency, and the two ideas appear unrelated or are left unresolved in the snippet. Because only this excerpt is available, the article's full argument remains unclear.
Readers should treat the headline as the main takeaway: biglaw financials are becoming more opaque. The Supreme Court reference is likely a separate observation or an inside joke, but without more context, any connection would be speculation.