Storied Wall Street law firm Weil, Gotshal & Manges is poised to shut down, with its leadership recommending the drastic move following an exodus of top partners and failed merger negotiations.
By Ramishah Maruf, CNN New York (CNN) — Leaders at Weil, Gotshal & Manges, the nearly century-old law firm that worked for companies from the Lehman Brothers to General Motors, recommended on Wednesday that the firm shut down.
Major law firm Weil, Gotshal & Manges plans an orderly wind-down after losing top attorneys, with partners expected to vote on the proposal in the coming days.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Veteran Wall Street Firm Weil Plans To Wind Down—Here’s Why | Since Then
