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Weil Associate Blasts ‘Greed’ And ‘Lack Of Leadership’ As Firm Collapses
Above the Law • • business
Key Points:
- Weil Gotshal, a nearly century-old law firm, is winding down and will send nearly 600 associates into the job market, prompting widespread concern among staff.
- An anonymous Weil Gotshal associate criticized the firm's leadership for greed and lack of support during the transition, accusing management committee members of prioritizing personal deals over employee welfare.
- Following the announcement, associates received over 100 LinkedIn requests from headhunters within two days, highlighting strong recruiter interest despite the challenging circumstances.
- Recruiters note that Weil associates currently have limited leverage but remain marketable due to their credentials and sophisticated experience.
- Weil Gotshal has assured associates and staff they will receive salary and benefits for 90 days, with bonuses available for those who remain until near year-end.
