President Donald Trump’s offensive against Big Law has moved beyond retribution, as firms with no past adversarial relationship with him feel pressure to appease.
Kirkland & Ellis, Latham & Watkins, Simpson Thacher & Bartlett, A&O Shearman and Cadwalader, Wickersham & Taft struck deals with the administration Friday, promising $600 million worth of legal services.
The firms are among the most prestigious and profitable in the country, with many of them focusing on private equity deals. Kirkland and Latham consistently rank highest in revenue, hauling in $8.8 billion and $7 billion, respectively, last year.
“Trump is forcing elite large, profitable, ...