Showing posts with label Big Law. Show all posts
Showing posts with label Big Law. Show all posts

Wednesday, April 16, 2025

Biglaw Is Under Attack. Here’s What The Firms Are Doing About It.; Above The Law, April 4, 2025

Kathryn Rubino , Above The Law; Biglaw Is Under Attack. Here’s What The Firms Are Doing About It. Introducing the Biglaw Spine Index.

"The President of the United States is using the might and power of the office to attack Biglaw firms and the rule of law. It’s pretty chilling stuff that is clearly designed to break major law firms and have them bend a knee to Trump or extract a tremendous financial penalty. This is an assault not just on the firms in the crosshairs, but on the very rule of law that is the backbone of our nation, without which there’s little to check abuses of power

But in the face of financial harm, too many firms are willing to proactively seek out Trump’s seal of approval and provide pro bono payola, that is, free legal services on behalf of conservative clients or causes in order to avoid Trumpian retribution. So we here at Above the Law have decided to track what exact Biglaw firms are doing in response to the bombardment on Biglaw and the legal system. Some have struck a deal with Trump, some are fighting in court, some have signed an amicus brief in the Perkins Coie case, but the overwhelming majority have stayed silent. 

Introducing the Biglaw Spine Index. Every firm in the Am Law 200 (based on the 2024 ranking, which is the most readily available one as of this publication) is listed with what they’re doing — or not — in the face of Trump’s attack on Biglaw. We’ve included each firm’s gross revenue and profits per equity partner, which we think highlights the greed involved."

Friday, March 21, 2025

Big Law’s Big Capitulation; The Bulwark, March 21, 2025

, The Bulwark ; Big Law’s Big Capitulation

"In November 2024, Paul, Weiss, Rifkind, Wharton & Garrison LLP was recognized by Bloomberg Law in a special report on “Pro Bono Innovators” as a law firm “going above and beyond in delivering pro bono services.”

Yesterday Paul Weiss lived up to this praise. It went above and beyond in delivering pro bono services. The firm will be dedicating, according to the president of the United States, “the equivalent of $40 million in pro bono legal services over the course of President Trump’s term to support the Administration’s initiatives.”

After all, President Trump only has the entire federal government at his disposal to support his initiatives. He needs and deserves the help of Paul Weiss. As the firm explains on its website, “Throughout our firm’s history, we have maintained an unwavering commitment to providing pro bono legal assistance to the most vulnerable members of our society and in support of the public interest.” How could it not step up and chip in to help this vulnerable man, Donald Trump?

The answer, of course, is that the firm could have simply said “no.” It could have refused to be extorted by the president of the United States and contested his March 14 executive order in a court of law.

But it chose capitulation. And then it couched that capitulation under the umbrella of doing “pro bono” work, as if this was a collective agreement to pursue the public interest and not the end product of a shakedown.

I won’t dilate on the details of this capitulation by Paul Weiss. You can read the New York Times’s account if you want to be depressed."