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Weil Gotshal, Once a Legal Powerhouse, Plans to Dissolve

29 October 2026 at 00:57
The prominent law firm has been rocked by an exodus of high-profile lawyers, a failed succession plan and a scuttled deal to merge with a rival firm.

© Andrew Kelly/Reuters

Founded nearly a century ago, Weil Gotshal was once the marquee for bankruptcy advice but has more recently had difficulty competing with giant law firms.

New York Archdiocese Close to Settling Sexual Abuse Claims for Over $800 Million

The Roman Catholic archdiocese might now avoid bankruptcy by reaching a settlement with 1,300 people who said they had been abused by clergy members and lay leaders.

© Hiroko Masuike/The New York Times

St. Patrick’s Cathedral in Midtown Manhattan. The Archdiocese of New York includes Manhattan, the Bronx, Staten Island and several Hudson Valley communities.
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