Jesse

I enjoyed that museum

Another big one from @justinelliott.bsky.social

Democrats reinforcing a scarcity mentality among the American public just undermines the better argument that we are a strong, wealthy nation that can afford to treat sick people simply because it’s the right thing to do

Only know Lund through reputation and her writings, which I enjoy

Having worked and written with Talley, I can safely say he doesn’t pull punches :)

Or a cup-de-sac of tragedy

Sad times. Looks like a friend who took his life used ChatGPT to learn how to hang himself. He first asked directly and was rebuffed by OpenAI’s new(?) safety policies. But he easily subverted them simply by telling ChatGPT he was just doing research for a story in which a character kills himself.❤️

Fake is out. Real things are seen as quality - even luxury - because they require effort and talent and time.

We were on this track pre-pandemic, but I think the AI rise has fully returned us to it.

(Hearing myself 15 years ago saying this is why lab grown diamonds will never quite catch on.)

But Klein’s uncertainty contrasts so starkly against Coates’s plain confidence. Again and again, Coates stresses his role in a cross-generational tradition and culture of fighting for freedom. What comes through is that Coates draws strength and purpose from deep roots, and Klein seems a bit lost.

Fascinating conversation. Near the end Klein makes a revealing comment.

When asked by Coates to define how he sees his role, Klein responds, “I don’t know what my role is anymore. I’ll be honest with you, man.”

He ultimately lands on political persuasion, sort of begrudgingly. Ok, that’s fair…

OK but just looks like a Scrub Jay

The T is lovely but I like the F best

I’ve had these conversations too. I think the people in my classes self-select though… they really want to be there and learn the stuff

Among many other impacts, one that I worry may be longer lasting is the suppression effect on philanthropic work more generally. But nonprofits are filled with courageous people with deep moral conviction, so they all may just double down!

WH says they’ve seen clients multiply

Yes. At the time, the EO directed at PW was the harshest. Firms targeted later like Wilmer Hale had the benefit of seeing what happened with PW.

And this is why Paul Weiss should never have settled. The firm is a distressed target for everyone now.

In fairness, Trump’s foul EO may simply have made the end of PW an inevitability, just a matter of time. But at least they would’ve gone down riding on principles and with reputations intact.

Beautiful pink dahlia

Look at this beauty!
#bloomscrolling #dahlias

Brad Karp would say his actions saved Paul Weiss—biggest clients said that if PW couldn’t settle with Trump and facilitate their business/dealings with the fed gov that their duties to shareholders would require them to find new counsel. PW may be uniquely at risk to this type of gov coercion.

Immigration judges are not real judges (they’re part of the Administration), but their rulings can have profound and devastating effects on people’s lives

This is quite powerful. Heart-wrenching stories about our cruel immigration system.

Love teaching this merger :)

Somr resources: 👇

I feel for Jerry. The intent was solid. But, no offense, that “unique merger agreement” was very poorly drafted, and it set up the “Independent Board” for its ultimate failure and this result. Not only were the IB’s mission terms too vague to have real strength, but it’s structure was unsustainable.

I wouldn’t wish biglaw on anyone lol

S&C was apparently already trying to pull PW’s clients away on this basis. So the story goes PW had to deal with Trump in order to save its client base and the firm. But WhilmerHale obviously takes a different view and has scooped up clients as a result. All tbd. But I bet PW ultimately gets bought.

This is also the reason cited by Brad Karp — major clients depend on a functioning relationship with the federal government and if Trump’s feud with PaulWeiss threatens those relationships then the clients themselves have a fiduciary duty to find new counsel that can work with the Trump government.

It’s the markets, stupid👇

It’s one major reason why the public benefit corporation (PBC), which shifts fiduciary duties in part to relieve some of that short-term pressure, may not succeed. The pressure is coming from the markets, not the law.

I deleted an earlier post (too much swearing) where I basically say the same thing …

There’s a common misconception that law (fiduciary duties) requires corp directors/ officers to make money for stockholders. But in fact the profit pressure comes from the markets, and quarterlies are part of it.