_WHAT’S HAPPENING_
Shortly after he returned to the White House, President Donald Trump signed a series of executive orders stripping security clearances from certain law firms and banning them from government business. Though his reasons vary, each of the firms, in one way or another, has crossed him over the course of his political career.
The targeted entities are part of an informal group called “Big Law,” which often have high-powered lawyers on staff and are worth billions of dollars. Government contracts and their security clearances are often key to making their money — meaning Trump’s actions could cost them millions.
_THE FACTS_
One Big Law firm, Perkins Coie — which has over one billion dollars in gross revenue — was targeted for its hiring of Fusion GPS (of “Steele Dossier” fame) and for working with Hillary Clinton in 2016.
Perkins Coie is fighting back in court, arguing that the executive order is capricious and an attack on the legal profession.
Other law firms are instead trying to work with Trump in order to get him to undo his orders.
Willkie Farr & Gallagher LLP — which includes on its team former Second Gentleman Doug Emhoff — offered Trump $100 million in pro-bono work if he agreed to drop his threat. The firm had aided a defamation suit against Rudy Giuliani, a Trump ally.
The order also discussed how one of their partners worked in Robert Mueller’s investigation against Trump.
One law firm, Skadden, Arps, Slate, Meagher & Flom LLP, did not even wait for Trump to target them and, like Willkie Farr & Gallagher LLP, offered $100 million in pro-bono work preemptively to avoid any executive orders. The firm is the fifth largest grossing in the world.
_INSIGHTS_
Trump has targeted other individuals, like former anti-Trump intelligence operatives, by taking away their security clearances. Security clearances can be financially valuable, enabling individuals and firms to consult on matters involving classified or confidential material. Limiting that access, as may likely be Trump’s goal, threatens to significantly reduce the firms’ marketability and influence.
While firms like Perkins Coie played a key role in the Steele Dossier — which was used to hound Trump for years — they historically faced little formal pushback from either party. The Trump administration’s recent actions mark a new effort to curb the influence of politically engaged, highly powerful legal entities that have frequently aligned with the interests of the Democratic Party.












