Legal

Paul Weiss Strategy Tested as Partners Exit Post-Trump Deal

The New York office of the law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP.
Photographer: Melissa Bender/NurPhoto/AP Photo

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By Roy Strom and Justin Henry

June 10, 2025 at 8:41 PM UTC

Paul Weiss leader Brad Karp spent more than a decade building his firm’s deals practice to an elite level matching its litigation work. A deal he struck with President Donald Trump threatens the balance between the two.

The Wall Street firm lost a string of litigation partners following the March 20 deal with Trump to provide $40 million in free legal services. The move got Paul Weiss out from under an executive order that Karp said threatened the firm’s survival.