Weil’s ‘titanic’ ordeal rocks firm’s London lawyers

The unravelling of one of the world s most prestigious law firms, Weil, Gotshal Manges, has shaken its London lawyers, with one partner describing it as “a Titanic situation.” “This is probably the worst succession planning in legal history,” a former Weil partner told City AM. “I’m as shocked about this It’s crazy to me this is the path they chose. They explained they think the management committee may have decided “they wouldn’t be in a position to weather the storm”. And added, I did think people would still be committed to the firm, such as the long-standing partners who I thought might step up and try to resize or restructure the firm. On Wednesday, Weil s board recommended winding down the 95-year-old firm, a move expected to be at the centre of a partnership vote in the coming days. If greenlit, the move would put thousands of jobs at risk, including 50 partners, 200 solicitors, and roughly 120 business services staff at its City office, which has operated since 19