AXIOS
1 big thing: Big Law's billion
America's most prestigious law firms have agreed to provide almost $1 billion worth of legal work to President Trump — and that total will likely grow, Axios' Sam Baker reports.
- Trump announced deals with 5 firms yesterday. He's now gotten the giants of Big Law to pledge a combined $940 million in pro bono legal work for conservative causes.
👀 Catch up quick: Trump began this process by signing executive orders targeting firms that had employed or represented his critics.
- The first firm to cut a deal — Paul Weiss — argued that $40 million in pro bono work was a small price to pay compared to the money, clients and even top talent it could have lost if it chose to fight.
- As more firms have capitulated, Trump has been able to extract significantly bigger concessions using significantly less leverage, even from firms with which he had no personal grievance.
🔎 Four of yesterday's agreements came from firms that were placed under investigation for their internal diversity policies — a less severe threat than Trump's early tactic of revoking lawyers' security clearances.
- They each agreed to provide $125 million worth of work on issues that both Trump and the firms support.
The other side: Three of the prestigious law firms targeted by Trump have opted to fight his threats in court rather than make a dea
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