Weil Gotshal & Manges LLP's proposed wind-down could leave its London partnership with continuing obligations to clients, employees and creditors long after departing lawyers have joined rival firms, legal and regulatory specialists say.
Weil Gotshal & Manges LLP's proposed wind-down could leave its London partnership with continuing obligations to clients, employees and creditors long after departing lawyers have joined rival firms, legal and regulatory specialists say.
Gibson Dunn is set to hire the U.S. and London-based private funds teams from Weil Gotshal & Manges LLP, bringing on 120 attorneys in the largest group move reported since Weil's management committee recommended last week that the firm wind down operations.
The Solicitors Regulation Authority has said it has strengthened its oversight of high-risk law firms following the collapse of the PM Law group, but acknowledged that it cannot yet supervise all firms that pose a heightened risk to consumers.
Manchester-based Express Solicitors Ltd. said Wednesday it has acquired fellow personal injury firm Ralli Ltd., as it continues to implement a growth strategy with backing from its private equity investor.
Luminance is promoting its lead data privacy and product counsel to serve as the U.K. software company's new data protection officer, the company has announced.
