Paul Weiss becomes first law firm to capitulate with $40M settlement

confirmed Importance 6/10 ~1 min read 4 sources 3 actors

Paul Weiss, facing what its chair called an “existential threat” that could “destroy our firm,” became the first prestigious law firm to settle for $40 million after losing business “within hours” of being targeted by Trump’s intimidation campaign.

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The Cascade Ledger. “Paul Weiss becomes first law firm to capitulate with $40M settlement.” The Capture Cascade Timeline, March 20, 2025. https://capturecascade.org/event/2025-03-20--paul-weiss-40-million-settlement/