Weil Gotshal Hires Bankruptcy Adviser on Contingent Basis

Weil, Gotshal & Manges has hired Davis Polk bankruptcy partner Brian Resnick to advise on options should the firm's situation keep deteriorating, the Wall Street Journal reported October 27. The engagement is contingent; no restructuring, a formal overhaul of the firm's finances, is underway. The hire follows months of partner departures and the end of merger talks with a rival.