President Trump’s war with Big Law shows firms that depend on rainmaker partners for lucrative corporate deals face greater pressure to settle than those that focus on litigation.
Paul Weiss, Skadden, Willkie, and Milbank built their premiere transactional practices by hiring star lawyers that rivals would likely to poach if the firms entered a protracted battle with the president, said John Morley, a Yale Law School professor. The four firms reached deals with Trump rather than fight him in court over executive orders that threaten client relationships.
“Firms that do a lot of transactional work are most heavily exposed to ...
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