Gibson Dunn lands 120-lawyer group from Weil Gotshal, including firm's co-managing partner
“This is the most sought-after cross-border funds team in the market, and their arrival is a defining moment for our practice,” said Shukie Grossman, the global chair of Gibson, Dunn & Crutcher’s investment funds practice, in a statement. (Photo from Shutterstock)
Gibson, Dunn & Crutcher has snagged a large part of soon-to-be defunct Weil, Gotshal & Manges, including its co-managing partner.
Reuters reported Thursday that Gibson Dunn has confirmed that it will bring aboard a 120-lawyer private funds group from Weil Gotshal, including co-managing partner Jonathon Soler.
According to Reuters, the group will include 23 partners across New York; Washington, D.C.; and London and is set to start at Gibson Dunn in January.
“This is the most sought-after cross-border funds team in the market, and their arrival is a defining moment for our practice,” said Shukie Grossman, the global chair of Gibson Dunn’s investment funds practice, in a statement.
The hires land days after Weil Gotshal’s partners voted earlier this week to wind down the 95-year-old law firm, a decision that followed an Oct. 28 recommendation from leadership.
According to Reuters, several firms have started, or are the in process of, absorbing groups of lawyers from the closing firm. Kirkland & Ellis said last week 40 lawyers will join, including private equity partner Ramona Nee, who had been in line to lead Weil Gotshal and was a co-managing partner alongside Soler.
Meanwhile, Skadden, Arps, Slate, Meagher & Flom said Thursday it has hired three Weil Gotshal partners, adding to the two it picked up before the dissolution. Kirkland; Latham & Watkins; Paul, Weiss, Rifkind, Wharton & Garrison; Fried, Frank, Harris, Shriver & Jacobson; and Massumi + Consoli have also announced or confirmed Weil Gotshal partner hires this week.
Soler did not immediately respond to a request for comment from Reuters.
See also:
Rivals race to rescue Weil Gotshal lawyers as firm heads toward closure
What happened at Weil Gotshal? Could tech help other firms avoid that fate?
Weil Gotshal to wind down in shock fall for heavyweight firm
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