For decades, Weil, Gotshal & Manges' bankruptcy department was as dominant as the Roman legion. But the law firm's once-proud department has suffered important partner losses lately. The most recent came in November, when its co-head, Martin Bienenstock, a lifer with 30 years at the firm, left for Dewey & LeBoeuf. His departure, beyond hurting Weil Gotshal's status as a major player in the field, has revealed a rift within Weil about the future of the bankruptcy practice and how the firm should meet it.
Departures Raise Questions About the Future of Weil Gotshal's Bankruptcy Practice
The American Lawyer
February 25, 2008