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Oct 28 02:48 UTC

Law firm Weil prepares for possible wind-down as crisis deepens (ft.com)

4 points|by JumpCrisscross||1 comment|Read full story on ft.com

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  1. 1. altairprime||context
    > But private equity cash has transformed Big Law in recent years, helping turn rivals Kirkland & Ellis and Latham & Watkins into behemoths with revenues of $10.6bn and $8.3bn respectively. Weil, with about $2bn in revenue, is not of the same scale. Its revenue growth has slowed and it has been outside the top 10 in Vault rankings of law firm prestige for several years.

    https://www.ft.com/content/ba19ec85-c736-4cfd-9a85-4e1ddf193...