Weil Gotshal Leaders Weigh Wind-Down After Merger Talks Fail

Leaders of Weil, Gotshal & Manges are discussing a plan to wind down the firm, meaning close it in an orderly way, after merger talks failed, the Wall Street Journal reported October 28. No decision has been made. Senior partner departures have mounted, and the firm has hired Davis Polk bankruptcy partner Brian Resnick to advise on options.