“It was very likely that our firm would not be able to survive a protracted dispute with the Administration,” chairman Brad Karp wrote in a statement to the firm Sunday.
After a whirlwind few days for Paul, Weiss, Rifkind, Wharton & Garrison, chairman Brad Karp on Sunday issued a statement to the full firm laying out the strategy and reasoning behind negotiating an accord with President Donald Trump to rescind a March 14 executive order targeting the firm. The statement seeks to add context to and clarify the terms of the deal, which have been somewhat unclear in recent days. The full text of Karp’s statement to the firm, obtained by Law.com, can be found below.
Dear Members of the Paul, Weiss Community,
