Implications

 NY Times: Trump’s Lawyers Try to Grasp the Implications of Judge’s Fraud Ruling - At a hearing, lawyers for former President Donald J. Trump and New York State began sorting through the real-world meaning of a finding that he inflated the value of his holdings. By Jonah E. Bromwich

As matters stand, Mr. Trump’s lawyers are left facing a severe punishment for their client — the scope of which even they do not fully understand — and a trial at which Ms. James’s lawyers could exact yet more damage.