Weil, Gotshal & Manges LLP is reportedly in advanced discussions to merge with another law firm, following a series of high-profile partner departures. The firm is negotiating a deal with a potential partner that reported $2.077 billion in revenue and $5.593 million in profits per partner in the previous fiscal year. ([legalwiredaily.com](https://legalwiredaily.com/article/2026-10-20-weil-gotshal-is-reportedly-negotiating-a/?utm_source=openai))
Since January 2026, Weil has experienced the departure of nearly 40 partners, approximately 13% of its partnership. Notably, Michael Aiello, a prominent New York dealmaker, and five other M&A partners are set to join Cravath, Swaine & Moore. Additionally, London-based M&A leaders David Avery-Gee and Sarah Flaherty have moved to Sullivan & Cromwell. ([investing.com](https://www.investing.com/news/stock-market-news/weil-gotshal–manges-eyes-merger-options-after-rainmakers-exit-bloomberg-news-reports-4908114?utm_source=openai))
In response to these departures, Weil has been actively recruiting returning partners, including Peter Feist, who rejoined as U.S. Co-Head of Private Equity. ([weil.com](https://www.weil.com/?utm_source=openai))
Leadership changes are also underway at Weil. Ramona Y. Nee is set to succeed Barry M. Wolf as Executive Partner, with Jonathon G. Soler becoming the sole Managing Partner. ([weil.com](https://www.weil.com/articles/weil-names-ramona-nee-executive-partner-succeeding-barry-wolf?utm_source=openai))
Despite the ongoing merger discussions, Weil’s leadership has instructed partners to maintain focus on their current responsibilities. The firm continues to be recognized for its work, having been named a “Mergers & Acquisitions Group of the Year” by Law360 in 2024. ([weil.com](https://www.weil.com/articles/law360-honors-weil-as-a-2024-mergers-acquisitions-group-of-the-year?utm_source=openai))
As the legal industry observes these developments, the outcome of Weil’s merger negotiations is anticipated to have significant implications for the firm’s future trajectory.