During a recent testimony, Michael Cohen revealed that he had aspired to become Donald Trump's personal attorney primarily for the prestigious title it would afford him, rather than for financial gain. Cohen expressed his pride in accepting the title, stating that he knew there would be no compensation for the role.
Contrary to traditional arrangements, Cohen explained that he expected to be paid by companies with whom he had entered into consulting agreements, rather than directly by Trump. When questioned about the absence of a retainer agreement for future work with Trump, Cohen confirmed that he did not create one because he was aware that there would be no compensation involved.
It is important to note that Cohen clarified that his decision not to seek payment from Trump was unrelated to a $420,000 payment he was receiving from the Trump organization.