Global marketsUpdated November 9

NYT: Weil’s failure to adapt was among the reasons it fell apart

The New York Times points to another factor in Weil Gotshal’s collapse: the firm failed to adapt to Big Law’s eat-or-be-eaten ethos. The paper says that was among the reasons the 95-year-old firm fell apart, putting its account alongside the Wall Street Journal’s emphasis on record partner turnover.

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Coverage started November 9