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Why Big Law Won't Stand Up to Trump

Strategy
April 19, 2025
Rachel Cohen reveals how top law firms avoid confronting Trump and the implications for democracy.
Topics discussed in the episode:
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How to lead by example to encourage team action?
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How does collective inaction affect long-term outcomes?
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Why is standing by principles vital for founders?
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How does leadership during crisis impact team trust?
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How can fear of retaliation hinder team performance?
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Why should company actions align with core values?
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Why is leadership communication crucial for team morale?
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How to inspire collective action in risk-averse teams?

How to lead by example to encourage team action?

Leaders who take initiative can inspire their teams to follow suit.

"I and a couple of friends are working on a plan B... We write this open letter that's very focused on rule of law concerns."

  • Initiative sets a precedent.
  • Collaborative efforts amplify impact.
  • Leadership involves stepping up.

How does collective inaction affect long-term outcomes?

Failure to act collectively can lead to unfavorable long-term impacts.

"I think that the long term business strategy of capitulating... we've seen the way that Elon Musk operates and how he turns on people on a dime."

  • Inaction can have lasting negative effects.
  • Collective action can prevent undesirable outcomes.
  • Consider long-term consequences over short-term comfort.

Why is standing by principles vital for founders?

Upholding core principles defines a company's identity and inspires others.

"It's not a principle unless you're willing to lose something over it... What are your principles?"

  • Principles guide tough decisions.
  • Demonstrating commitment attracts like-minded talent.
  • Actions speak louder than words.

How does leadership during crisis impact team trust?

Leadership decisions in crisis significantly affect team cohesion and trust.

"Management is telling us that the demand letters are very complicated... they don't know what the obligations are."

  • Provide clarity during uncertainty.
  • Admit limitations but work towards solutions.
  • Proactive leadership fosters confidence.

How can fear of retaliation hinder team performance?

Fear can prevent team members from speaking up, limiting innovation and growth.

"The fear of retaliation is so strong right now, and sort of where is the bravery going to come from?"

  • Create a safe environment for open communication.
  • Address fears to empower your team.
  • Support courageous actions to foster innovation.

Why should company actions align with core values?

Ensuring that a company's actions reflect its stated values is critical for credibility and employee engagement.

"We are fundamentally misaligned on what we think is going to come in the next 3 years if we fold on this now..."

  • Align actions with core principles to strengthen culture.
  • Employees expect leadership to uphold values.
  • Consistency builds trust and reputation.

Why is leadership communication crucial for team morale?

Timely and transparent communication from leadership is essential for maintaining team morale and trust.

"I got one response that was, 'Thanks, Rachel, always appreciate your perspective.' The email I had sent, literally Bob was like, the sky is falling."

  • Lack of meaningful response can demoralize team members.
  • Active engagement builds trust within the team.
  • Open dialogue encourages employee commitment.

How to inspire collective action in risk-averse teams?

Encouraging collective action among team members who fear repercussions requires strategic planning and leadership.

"People are terrified of losing their jobs... How do we take these risk-averse attorneys and get them motivated to take any kind of collective action?"

  • Recognize team members' fears and address them.
  • Develop a clear plan to mitigate risks.
  • Lead by example to inspire others to act.