Kasowitz raises $6.5 million in its first big capital call in decades
The law firm of Marc Kasowitz, a longtime lawyer for Donald Trump, has been shrinking for years. The firm raised $6.5 million from partners last month in a rare capital call, even as it doles out generous bonuses to some associates. Kasowitz said the firm is in good shape and said the fundraise was "prudent." A law firm known for representing Donald Trump that has been shrinking in recent years started the year off by making partners pony up a collective $6.5 million, a rare event for the firm. Kasowitz Benson Torres, led by Marc Kasowitz, had a capital call for the first time in decades last...
Source: businessinsider.com