U.S. President Donald Trump said on Thursday he is withdrawing an executive order that targeted law firm Paul Weiss, saying the firm "acknowledged the wrongdoing" of an attorney who investigated the president and has pledged $40 million in free legal work to support the administration.

President Donald Trump agreed to withdraw an executive order targeting law firm Paul Weiss' contracts and employee security clearances in exchange for a series of commitments from the firm ...

Standing up to bullies is the best way to deal with the administration. By backing down, Paul Weiss feeds the beast and encourages more of the kind of bullying that the White House has used against it. The first domino has fallen. Sadly, others will soon follow.

Powerful Wall Street law firm Paul Weiss faced heavy criticism on Friday over a deal it struck with the White House to escape an executive order imperiling its business, even as some lawyers said the firm faced few other options.