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The Downfall of Weil Gotshal

WSJ What’s News

P.M. Edition for Oct. 28. Last year, Weil Gotshal, a firm famous for handling bankruptcies of companies like Lehman Brothers and Enron, raked in more than…

0:00 12:43

Episode Summary

P.M. Edition for Oct. 28. Last year, Weil Gotshal, a firm famous for handling bankruptcies of companies like Lehman Brothers and Enron, raked in more than $2 billion in revenue. Today, its leaders announced a plan to dissolve the firm. We hear from WSJ legal affairs reporter Erin Mulvaney about what’s behind the firm’s extraordinary…

Published October 28, 2026 · 12:43