Law Firms Caving to Trump Have the Most to Lose: The Brief

BIG LAW’s clash with President Donald Trump highlights that firms heavily reliant on rainmaker partners and corporate dealmaking are more vulnerable to Trump’s threats — and more likely to settle to avoid a drawn-out legal fight with the president, Justin Henry reports.

• The firms that have cut a deal with Trump — Paul Weiss, Skadden, Willkie, and Milbank — built premier transactional practices by hiring star lawyers that rivals would be likely to poach if the firms were embroiled in a fight with Trump, said John Morley, a Yale Law School professor.
• Those firms agreed to collectively provide $340 million ...