Legal powerhouse Weil Gotshal votes to liquidate after 95 years

US legal giant, Weil Gotshal and Manges’ partners have voted to liquidate the firm. This year, Weil has seen an exodus of heavy partners across the US as well as London, including former corporate co-managing partner Michael Hickey and private equity co-head Christopher Machera, who left the firm for US competitor Paul Weiss in August. Speculation spread across the legal sector about the future of the firm that was once renowned as a powerhouse in corporate law. Earlier this month, leadership at the New York-headquartered firm reportedly were in “negotiating a memorandum of understanding” with an unnamed law firm. Merger talks fell through It was understood that the firm in a merger negotiations was its fellow competitor, Willkie Farr Gallagher, but the talks fell through. The $2bn firm, known as a ‘White Show’ in the American market, reportedly called on its staff to join a company call on Wednesday afternoon, where staff were informed the firm was set to be di