A prominent law firm is unraveling—but Palantir has an intriguing offer
Good morning. Weil, Gotshal & Manges, a prominent Wall Street law firm with more than 90 years of history, is planning to wind down, pending a vote by its partners. David Glazer, CFO of Palantir Technologies, is already reaching out to aspiring lawyers who may have expected to spend a summer there.
TL;DR
- Weil Gotshal & Manges, a Wall Street law firm, is planning to wind down.
- The firm's management committee has recommended closing it, pending a partner vote.
- Palantir Technologies CFO David Glazer is recruiting aspiring lawyers who expected to intern at Weil.
- Glazer's own career path shifted from law to finance at Palantir.
- The firm's potential closure follows partner exits and unsuccessful merger discussions, impacting approximately 1,200 lawyers.