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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 month. Kasowitz told Insider the amount raised was $6.5 million. In 2019, the total pay for the firm s 85 partners was about $95 million, according to the American Lawyer. ....

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