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Weil Gotshal Plans to Wind Down Operations

The firm’s leadership told partners on Wednesday that it plans to wind down operations, following a partner exodus.

Weil, Gotshal & Manges plans to wind down its operations, its leadership told partners on Wednesday, capping a dizzying downfall for the nearly century-old law firm after it failed to stem an exodus of partners.“Following a careful review of strategic alternatives, the firm’s management committee h…