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Weil Gotshal partners vote to wind down law firm after 95 years

Weil, Gotshal & Manges announced on 28 October 2026 that it will wind down after partners backed a management committee recommendation. The move follows a year of partner departures and failed merger talks.

2 outlets · 0L · 0C · 2R First reported Account updated
Image: City A.M.

The story, neutrally told

Right · 2Weil, Gotshal & Manges, the 95-year-old New York-headquartered law firm, announced on 28 October 2026 that it would wind down. Right · 1City A.M. reported that the firm's partners voted to liquidate it. Right · 1Citing Bloomberg, City A.M. quoted a Weil spokesperson as saying the management committee, after a careful review of strategic alternatives, had recommended to the partnership that the firm pursue an orderly wind-down.

Right · 1The spokesperson said the firm would keep serving clients during the wind-down process over the coming months. Right · 1Staff were reportedly called to a company call on Wednesday afternoon and told the firm was set to be dissolved. Right · 1The firm, described as a $2bn business, has more than 2,000 staff worldwide, and about 400 in London, where it has had an office since 1996.

Right · 1City A.M. said Weil lost senior partners in the US and London this year, including former corporate co-managing partner Michael Hickey and private equity co-head Christopher Machera, who left for rival Paul Weiss in August. Right · 1Earlier in October, leadership were reportedly negotiating a memorandum of understanding with an unnamed firm, understood to be Willkie Farr & Gallagher, but the talks fell through. Right · 1Reason's Josh Blackman, who said he has no connection to the firm, marked the news with an anecdote about Greg Coleman, a former Texas Solicitor General who left Weil after his partners objected to his 2006 challenge to Section 5 of the Voting Rights Act.

Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.

Left0 outlets

No left outlet in our sources has covered this story yet.

Centre0 outlets

No centre outlet in our sources has covered this story yet.

Right2 outlets

Framing
City A.M. covers the wind-down as a business and legal-sector story built on partner departures, failed merger talks and a spokesperson statement. Reason's Volokh Conspiracy post is a short opinion piece that recalls an anecdote about a former partner.
Emphasis
City A.M. stresses the exodus of partners, the collapsed Willkie Farr talks, the firm's size and its London office. Reason stresses a Voting Rights Act case and the firm's reaction to it.
Leaves out or plays down
Reason gives no detail on why the firm is closing. City A.M. does not say how many partners voted or what the vote was.
Charged language
“lost their freaking minds”“legal powerhouse”
For example
“Speculation spread across the legal sector about the future of the firm that was once renowned as a powerhouse in corporate law.” — City A.M.
“As Senator Cruz recalled, "his partners at the firm lost their freaking minds."” — Reason

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