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Weil, Gotshal & Manges, longtime Wall Street law firm, plans wind down
CNBC • • general
Key Points:
- Weil, Gotshal & Manges, a prominent Wall Street law firm with about 1,200 lawyers and over $2 billion in 2025 revenue, is recommended by its management committee to wind down operations.
- The recommendation follows a significant partner exodus and the recent collapse of merger talks with Willkie Farr & Gallagher.
- The firm plans an orderly wind-down, with partners expected to vote on the proposal in the coming days.
- Weil will continue to serve clients and support staff throughout the wind-down process, maintaining its commitment to excellence.
- Weil has a notable history in major bankruptcy cases, including Lehman Brothers, General Motors, and Enron.
