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Why did Paul, Weiss Cave?
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Date: March 21st, 2025 2:45 PM Author: appetizing hunting ground address Seems like an insane decision. What gives? (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769278) |
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Date: March 21st, 2025 2:46 PM Author: Vermilion exciting telephone lettuce Are you serious? The party they caved to controls the executive branch, both chambers of congress and SCOTUS in addition to most state governments. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769285) |
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Date: March 21st, 2025 2:49 PM Author: appetizing hunting ground address You don’t respond to the top message good god are you new here
If they would have stuck to their guns the legal community would have rallied. They have 3 more years of Trump and will lose tons of lib goodwill (which remains a much more valuable goodwill for elite law firms) in the process |
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Date: March 21st, 2025 2:50 PM Author: Vermilion exciting telephone lettuce Trump and his team are going to methodically destroy all lib institutions. They caved because they're an elite law firm that sees which way the winds are blowing. They want to be on the winning team. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769310) |
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Date: March 22nd, 2025 2:54 PM Author: Crusty Unholy Ticket Booth Deer Antler It’s looking less likely now that he’s going to truly dismantle the lib admin state. The courts are blocking tons of that shit now, and I think scotus is going to find in his favor on some of it, but not most. He will rant on X about it. If a dem wins next time it’s probably business as usual.
If that plays out, Paul Weiss made a dumb move. And if Trump guts the administrative state, the firm is doomed, so no matter the outcome this was probably a dumb move by the firm. |
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Date: March 22nd, 2025 7:48 PM Author: Vermilion exciting telephone lettuce "And if Trump guts the administrative state, the firm is doomed"
People misunderstand this. More shit will just get picked up by state regs. |
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Date: March 22nd, 2025 7:55 PM Author: Crusty Unholy Ticket Booth Deer Antler that will still buttfuck biglaw. most biglaw firms have 12-15 offices or whatever. they're in nyc, dc, la, chicago, miami, then there'll be a random city like austin or seattle. biglaw is full of people who (like me) practice before federal agency/ies whose enabling statutes have preempted state law.
if everything gets left to the states, biglaw firms are going to to have to open offices all over the place, or make sure their lawyers get barred all over the place so they can dispense advice on state statutes and participate in state admin proceedings, etc.
also, like half the states would probably have zero regulation (this may or may not be made up by uber-shitlib states like CA or NY).
i think you raise a good point that there is a good amount of federal regulation that, if it disappeared, would be replaced by state regs, but i don't see how the current biglaw model would survive the gutting of the federal leviathan.
i wonder how it would be in practice if all regulations were left to the states. some stuff would probably be a total clusterfuck. |
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Date: March 22nd, 2025 8:24 PM Author: Vermilion exciting telephone lettuce "practice before federal agency/ies whose enabling statutes have preempted state law."
Right. So what creates more work? A bunch of state laws or one fed law?
"if everything gets left to the states, biglaw firms are going to to have to open offices all over the place, or make sure their lawyers get barred all over the place so they can dispense advice on state statutes and participate in state admin proceedings, etc."
Does that sound like more legal work or less legal work?
"also, like half the states would probably have zero regulation (this may or may not be made up by uber-shitlib states like CA or NY)"
Now consider that most businesses will be doing business in a large number of states or all 50 of them and will have to craft strategies to deal with that.
"i wonder how it would be in practice if all regulations were left to the states"
It also wouldn't be everything. They're not gutting the SEC, for example. There are still international sanctions and massive federal spending initiatives.
I will note that a lot of that stuff has been increasingly handled in-house anyway. But as a senior in-house lawyer I'm not worried at all. |
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Date: March 24th, 2025 12:40 PM Author: Crusty Unholy Ticket Booth Deer Antler my overarching point is that this would possibly end biglaw as we know it.
to give an extreme example, look at cravath. they aren't going to go from having offices in nyc and dc to offices in nyc, dc, north carolina, mass, ct, etc etc etc. and most of the other biglaw firms have a larger but more limited footprint. not sure how some of these firms would continue to operate if there was a patchwork of 51 jurisdictions they needed to have people barred in/know the law of, etc.
i have no idea what would happen to biglaw, but i'm sure it wouldn't look like it does now. |
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Date: March 24th, 2025 12:44 PM Author: Vermilion exciting telephone lettuce Cravath is a great example of why Biglaw will be fine. They are elite enough that their various niche areas will do fine even with these changes. Major companies aren't going to stop doing deals and there will be tons of major litigation. They won't need to open 20 offices. A bunch of lower biglaw firms already have a ton of offices all over. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48777440) |
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Date: March 21st, 2025 8:34 PM Author: adventurous water buffalo stage Go back to reddit (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48770349) |
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Date: March 22nd, 2025 8:25 PM Author: Vermilion exciting telephone lettuce Yeah, I didn't even dignify that lame point with a response. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48773491) |
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Date: March 21st, 2025 4:29 PM Author: indigo infuriating kitchen Are you serious? The party they caved to loves Israel very strongly. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769651) |
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Date: March 22nd, 2025 2:36 PM Author: Passionate fishy ladyboy Because they are a business and want to make moar money. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48772784) |
Date: March 21st, 2025 2:49 PM Author: Razzle high-end jew really tough guy the "concessions" they agreed to were pro bono work on behalf of the trump admin's "anti-semitism task force." not flame. look it up
they didn't "cave" on anything at all lmao |
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Date: March 21st, 2025 2:52 PM Author: appetizing hunting ground address Thats lmao if true but they have definitely allowed given the impression of caving which is what will harm them.
If they were rationally worried about the FTC blocking their deals because Trump doesn’t like them I’d like to hear a Trumpmo defend that |
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Date: March 22nd, 2025 12:22 PM Author: Dull stirring organic girlfriend cr. and without some sort of deal they would start losing clients bigtime, especially in regulated industries. it's unfortunate that bowing to a strongman is where we're at rn, but paul weiss deal is shrewd considering (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48772432) |
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Date: March 21st, 2025 2:49 PM Author: Concupiscible pistol How did they cave? (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769301) |
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Date: March 21st, 2025 2:50 PM Author: Umber Home Keepsake Machete Because Bryan Cave (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769305) |
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Date: March 21st, 2025 2:55 PM Author: Cordovan hairraiser internal respiration stag film OP has a good name for a merger. someone needs to flag this for Paul Weiss marketing. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769325) |
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Date: March 24th, 2025 3:11 PM Author: blathering mexican (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48777820) |
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Date: March 21st, 2025 3:42 PM Author: doobsian church blood rage (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769480) |
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Date: March 21st, 2025 8:34 PM Author: adventurous water buffalo stage (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48770350) |
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Date: March 22nd, 2025 12:33 PM Author: Irate Pit Laser Beams Bryan Cave. He always does. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48772452) |
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Date: March 21st, 2025 2:51 PM Author: Rusted incel Why did Trump cave? (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769314) |
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Date: March 21st, 2025 9:40 PM Author: Concupiscible pistol (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48770506) |
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Date: March 21st, 2025 2:56 PM Author: odious stead they probably thought they would ultimately lose in litigation. cant imagine scotus determining that the executive HAS to give security clearances to certain parties (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769328) |
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Date: March 21st, 2025 2:57 PM Author: Vermilion exciting telephone lettuce (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769331) |
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Date: March 21st, 2025 2:58 PM Author: appetizing hunting ground address But were they really going to lose a ton of work for not having a security clearance? I didn’t even know biglaw firms had those (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769338) |
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Date: March 21st, 2025 4:22 PM Author: odious stead apparently some biglaw firms have a ton of work which requires a security clearance, mostly firms big in dc. no idea if paul weiss is one of these firms. covington and burling for sure got fucked hard by this. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769630) |
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Date: March 21st, 2025 4:25 PM Author: crystalline low-t idiot the FCC just said they won't approve mergers for companies with DEI programs. no reason antitrust regulators, banking regulators, etc. couldn't do the same thing. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769638) |
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Date: March 22nd, 2025 2:47 PM Author: aromatic sinister kitty cat No - this doesn't have anything to do with national security clearances. They simply did not want clients to think they were entering regulatory work with a handicap.
The national security clearances at biglaw firms is a made up construct. Besides Eric Holder who else would have one? And what would they do with it in biglaw? It isn't relevant to anything. |
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Date: March 21st, 2025 2:57 PM Author: Maize Friendly Grandma Theater They got a good deal - this shit going away in exchange for shit they were going to do anyway, and now they can sabotage by being the lawyers for various administration bullshit. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769333) |
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Date: March 21st, 2025 2:59 PM Author: Razzle high-end jew really tough guy (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769346) |
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Date: March 21st, 2025 2:59 PM Author: appetizing hunting ground address But what is exactly going away. What about the exec order were the concerned about. Obviously it’s bad to be on the wrong side of power but the elite in this country is still liberal (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769347) |
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Date: March 21st, 2025 8:31 PM Author: Maize Friendly Grandma Theater Elites are not strictly liberal. A good portion of them simply follow whatever politics is good for their business. In big single party cities this is Dems. But probably fewer than half of them actually believe that shit. They don't send their kids to public schools, they don't belong to clubs that admit meaningful numbers of blacks, etc. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48770343) |
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Date: March 21st, 2025 3:03 PM Author: pungent codepig theater stage Because there's more corruption shit that went on and which you don't know about and they're trying to protect themselves from future investigations by getting on Trump's good side.
And it's not just Paul, Weiss. Word is that there's going to be some explosive discoveries that will come out at some point. Could take down a few major firms and people arrested. |
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Date: March 21st, 2025 3:07 PM Author: appetizing hunting ground address This is more probable than anything else. The idea that PW hasn’t lost important credibility in this is laughable. So there must be something very serious at stake other than the temporary loss of clearances (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769363) |
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Date: March 21st, 2025 3:16 PM Author: know-it-all dysfunction i wondered if there wasn't more to the story.
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Date: March 21st, 2025 3:12 PM Author: Well-lubricated heady space ceo I used to go golfing with Paul. His wife loves to dance. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769378) |
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Date: March 22nd, 2025 2:58 PM Author: Crusty Unholy Ticket Booth Deer Antler How is Mrs Weiss doing? (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48772820) |
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Date: March 24th, 2025 11:36 AM Author: Well-lubricated heady space ceo Believe it or not, she "works" for Skadden (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48777224) |
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Date: March 21st, 2025 4:16 PM Author: crystalline low-t idiot their top client is apollo, which #1 is run by a Trumpmo and #2 needs a lot of deals approved by the trumpmo FTC / FCC / CFIUS / etc (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48769601) |
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Date: March 21st, 2025 6:13 PM Author: histrionic opaque location The partnership is full of laterals from Kirkland, Weil, Cravath etc. Which part of the brand do you think they care more about?
1. Does big deals and cases, 5M+ PPP, good relations with powerful people. 2. Hosts a great Kamala Harris fundraiser and gay marriage. |
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Date: March 21st, 2025 6:15 PM Author: Coral fortuitous meteor haunted graveyard They probably hurt themselves with lawshrew recruiting from top law schools. Most law firms wouldn't care that much about that but the prestige-whoring v10 ones probably do. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48770016) |
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Date: March 21st, 2025 8:33 PM Author: Maize Friendly Grandma Theater Bro they are over $6.5PPP now. (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48770348) |
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Date: March 22nd, 2025 12:34 PM Author: Irate Pit Laser Beams gee whiz (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48772453) |
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Date: March 22nd, 2025 2:45 PM Author: Dashing Thirsty Nursing Home Cslg is at like 40 ppp (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48772798) |
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Date: March 22nd, 2025 3:02 PM Author: tantric jade site law firm? law flab when it comes down to principle (http://www.autoadmit.com/thread.php?thread_id=5697729&forum_id=2).#48772828) |