BigLaw

Weil’s Former Partners Hire Counsel as the Wind-Down Turns to Who Gets Paid

BigLaw, US Law /
Peterwang1

The fight over what remains of Weil Gotshal raises awkward questions about partnership capital, management accountability and what BigLaw equity is really worth. The lawyers are now hiring lawyers over at Weil Gotshal & Manges with about10 former Weil, partners working with Foley & Lardner litigator Peter Wang as the 95-year-old firm heads for closure,

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Dentons Reshuffles Global Leadership As BigLaw Focuses On Cross-Border Efficiency

BigLaw, Press Releases /
Hayday Nick

Dentons has unveiled a new global practice leadership structure, appointing senior lawyers across nine practice groups as the world’s largest law firm by headcount seeks to improve coordination across its international network. The appointments, announced on 4 November, will see leaders from London, New York, Dublin, Toronto, Singapore and other major centres oversee key practices

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Vedder Makes Its New York Move With 49,000-Square-Foot Manhattan Office Deal

BigLaw /
New york times square advertising

Chicago-based law firm Vedder is making a significant investment in its New York presence, taking an entire floor in one of Manhattan’s prominent Sixth Avenue office towers. Global law firm Vedder has signed a long-term lease for 49,000 square feet at 1221 Avenue of the Americas, securing the entire 34th floor of the Rockefeller Group-owned

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Latham Raids Baker Botts and Rivals for Five Energy Partners as AI Infrastructure Boom Fuels Legal Hiring

BigLaw, Press Releases /
Jason bennett lawfuel

The race for energy and infrastructure work has triggered another significant BigLaw hiring move, with Latham & Watkins recruiting five partners from Baker Botts, Sidley Austin and Orrick to strengthen its US project development and finance practice. The most notable arrival is Jason Bennett, (pictured) who led Baker Botts’ global projects group and spent 28

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When a $2 Billion Law Firm Falls Apart, Is BigLaw’s Business Model Next?

BigLaw, Press Releases, US Law /
Partnership

By John Bowie | LawFuel The shock death notice of Weil Gotshal last week has brought into sharp relief the very idea that big law partnerships are the secure pinstripe-and-poncy positions once guaranteeing a future of special edition Range Rovers and ski holidays in the Dolomites. The once bolt-locked position of status and security has

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Gibson Dunn Poised to Take 40 Weil Lawyers as London Exodus Accelerates

BigLaw, Featured, UK Law /
Gibsondunn lawfuel

The proposed move of Weil’s London private funds team to Gibson Dunn marks another major development in the break-up of one of Big Law’s most prominent firms and shows how fast legal teams can move between firms. Gibson Dunn & Crutcher is preparing to recruit almost 40 lawyers from Weil Gotshal & Manges’ London private

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Weil Gotshal Votes on Its Own Funeral After 95 Years on Wall Street

BigLaw, US Law /
Weilcollapse

By John Bowie | The law firm that steered Lehman Brothers, General Motors and Enron through their darkest days is now planning its own. Weil, Gotshal & Manges told partners on Wednesday that its management committee has recommended an orderly wind-down of the firm. Partners are expected to vote within days. “Following a careful review

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BakerHostetler Launches Litigation SWAT Team Because Some Court Battles Can’t Wait

BigLaw, Press Releases /
Swat team

BakerHostetler has launched what it calls an Injunction SWAT Team, a national rapid-response group designed to tackle urgent court applications before commercial disputes spiral into costly, drawn-out litigation. Drawing on its 420-strong litigation practice across 18 offices, the team will handle temporary restraining orders, preliminary injunctions and other emergency applications involving trade secrets, intellectual property,

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