On Wednesday afternoon, Weil, Gotshal & Manges’ management committee gathered in a conference room on the 25th floor of Manhattan’s General Motors Building, where the elite law firm has been based for almost 60 years. They were there to deliver news that would have been unthinkable just weeks earlier.
The firm’s lawyers watched on a video call as Barry Wolf, its longtime chair, delivered remarks announcing that Weil had exhausted its options and would be dissolved after 95 years in business.
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