Weil Meet Again. Don't Know Where, Don't Know When... But Probably Kirkland In A Month

The firm's collapse has put a glut of talented lawyers on the market. ----- We look back on the wild week that brought down a Biglaw behemoth. Weil Gotshal, a firm that rang up $2B in revenue last year against zero debt, is going out of business. As the firm's lawyers frantically seek landing spots, Weil reminds everyone that they need to keep billing so the firm can afford the severance packages it needs to pay. Was that reminder gauche or a fair nod to professional obligations? We also discuss firms slowly yet surely matching the Milbank pay scale that's been in place for months now.