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WHAT WE’RE WATCHING

LET’S MAKE A DEAL – New York state officials are barred, for now, from releasing President Trump’s state tax returns to House Democrats under an agreement, announced late Thursday, in DC federal court. C. Ryan Barber reports that the deal essentially gives U.S. District Judge Carl Nichols—a former Wilmer Hale partner who joined the bench just a few weeks ago—a bit of time to sort out jurisdictional issues before New York could release the returns and potentially render Trump’s lawsuit moot. Trump’s suit, brought by William Consovoy, confronts New York’s “Trust Act,” which opened a door for Congress to get Trump’s returns. House Dems, though, haven’t made such a request. The case is one of several pending actions that confront the secrecy of Trump’s financial records.

RESPONSIBLE? Capital One’s massive breach earlier this week involved data  stored on Amazon Web Services’ infrastructure and was purloined by a former employee of the web services company. So, Amazon’s got some exposure in all of this, right? Not likely, Frank Ready reports. Why? Contracts.

OCI PDQ – The Big Law on-campus recruiting season is underway. Law firms this week kicked off the 2019 cycle at several elite law schools, including Columbia and Penn. They’ll wrap up initial interviews on those campuses today with incoming second-year law student hoping to snag summer associate gigs. The recruiting process will pick up next week at Harvard, Virginia and Yale, among others, and will continue throughout August and early September at schools across the country. But things are a bit different this go around, with NALP deep-sixing its specific guidelines for when and how firms make summer associate offers. It’s unclear whether law firms will continue to give candidates 28 days to accept an offer, for instance.