Goldman Sachs forecasts three interest rate cuts this year, citing increased recession risks and tariff uncertainties linked to Trump's upcoming announcement. The firm predicts a 35% chance of recession within a year.
In a bold move, Paul Weiss Chairman Brad Karp addresses employee concerns following a contentious deal with the Trump administration that could change the firm's future. Discover how they navigated this crisis and what it means for the legal community.
In a shocking turn of events, Paul Weiss, a prominent law firm, struck a deal with Trump to avoid drastic consequences from an executive order that threatened its survival. The firm's chairman, Brad Karp, reveals the intense pressure that led to significant concessions.
In a surprising turn of events, President Trump rescinded an executive order against Paul Weiss after the firm agreed to provide $40 million in pro bono legal services and abandon diversity policies. This decision marks a significant shift in the relationship between the White House and this prestigious law firm.