The Collapse of Weil Gotshal: A $2 Billion Firm That Owned Nothing
Weil, Gotshal & Manges is winding down after 95 years. The story is not AI. It is what happens when everything a law firm sells can resign.
Weil Gotshal is winding down after a partner exodus and a failed merger. The lesson: revenue is not equity, and a partnership owns nothing that cannot resign.