When Your Employer Collapses, What's Next for You?
Psychology Today | 30.10.2026 20:49
Weil, Gotshal & Manges, a nearly century-old global law firm with 1,200 lawyers and more than two billion dollars in annual revenue, announced their plans to wind down operations. A few dominos set this cascade in motion. Prominent partners were poached and moved to other firms. Traditionally, clients follow them. But the firm still has high fixed costs. Subsequent merger discussions failed, and the firm’s leadership recommended dissolving the firm, pending a partnership vote.
