All anyone on Wall Street wants to talk about these days is Paul Weiss—in particular, how Brad Karp, the law firm’s rainmaking chairman and a major force in Democratic politics, was forced to kiss Trump’s ring. Earlier this month, of course, the president issued an executive order restricting Paul Weiss’s ability to work on cases involving the federal government and threatening to punish anyone associated with the firm. Trump’s target list has so far also included Perkins Coie, a small Washington law firm that often works for Democrats and commissioned the Steele dossier; Covington & Burling, which had aided Biden special counsel Jack Smith; and, most recently, Jenner & Block, apparently for the offense of rehiring Andrew Weissmann, an attorney and former A.U.S.A. who worked on the Mueller investigation.