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Departures Raise Questions About the Future of Weil Gotshal's Bankruptcy Practice

The American Lawyer

February 25, 2008

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.

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