Ed. observe: Welcome to our each day characteristic, Quote of the Day.
It’s simple to neglect that when Paul Weiss and the opposite regulation companies that capitulated to Trump lower their offers, they thought they’d be seen as savvy dealmakers. Now they appear like craven fools and gutless cowards.
— Marc Elias, a former companion at Perkins Coie who left to launch his personal regulation agency in 2021, commenting on the nine firms that bent a knee to Donald Trump, within the wake of three of the president’s government orders focusing on regulation companies Perkins Coie, Jenner & Block, and WilmerHale being discovered unconstitutional. In an interview with MSNBC, Elias went on to say that “relatively than appear like savvy businessmen and ladies, they now appear like naive rubes” and that “[t]he enterprise case for this turned out to be a reasonably crappy one.”
Staci Zaretsky is a senior editor at Above the Legislation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any ideas, questions, feedback, or critiques. You’ll be able to observe her on Bluesky, X/Twitter, and Threads, or join along with her on LinkedIn.
