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Weil Gotshal and Willkie Farr Call Off Merger Discussions
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Weil Gotshal & Manges and Willkie Farr & Gallagher have ended discussions about a merger, according to Bloomberg Law News. The collapse of the talks comes amid a continuing exodus of top lawyers from Weil, as reported by the Wall Street Journal and Above the Law. Above the Law characterized the merger as dead while noting that Weil's partner departures remain very much alive. Law.com reported that as exits continue, Weil is still working on a merger deal and has told its partners to carry on. The Financial Times also covered the situation with the headline 'Who's merging with Weil?' The reports indicate uncertainty about Weil's next steps and the firm's ability to retain talent following the failed combination.
Source report
Sources: Bloomberg Law News, WSJ, Above the Law, Financial Times, Law.com
Merger Talks Collapse
Weil Gotshal and Willkie Farr have called off their merger discussions, according to Bloomberg Law News.
Partner Exodus Continues
The collapse of the merger talks comes amid an ongoing exodus of top lawyers from Weil Gotshal:
- WSJ reports that Weil Gotshal has lost more top lawyers as the merger talks fell apart.
- Above the Law notes that while Weil's merger with Willkie is dead, its partner exodus is "very much alive."
- Law.com reports that as exits continue, Weil is working on a merger deal and has told partners to carry on.
Questions Raised
The Financial Times poses the question: "Who's merging with Weil?"
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Weil Gotshal and Willkie Farr Call Off Merger Talks as Partner Exits Continue