Browsing Tag
Lehman Brothers
2 posts
Weil Gotshal plans closure after 95 years despite $2.1bn revenue as partner exodus exposes Big Law business model
Weil, Gotshal & Manges is preparing for a potential dissolution after partner departures, succession uncertainty and unsuccessful merger discussions destabilised its operations. Its proposed closure raises questions about the resilience of large law firms whose revenue depends heavily on retaining senior partners and client relationships.
Redding Ridge Asset Management expands CLO portfolio with acquisition of Irradiant Partners
Redding Ridge Asset Management, an independently managed affiliate of Apollo, has announced a significant acquisition that will reshape…