2020 Vault Rankings
At a Glance
“The firm culture is amazing.”
“No billable-hour requirement.”
“Uncertain prospects about partnership.”
“The unpredictability of hours.”
About Weil, Gotshal & Manges LLP
A powerhouse in restructuring, M&A, private equity, and litigation, Weil, Gotshal & Manges has long been one of the world’s leading law firms. The firm has pioneered major areas of law, such as corporate governance, private equity, and bankruptcy and restructuring.
To New York and Beyond
Weil was founded in New York in 1931 and has been located in New York’s iconic General Motors Building since the building opened in 1968, overlooking the city’s playground Central Park. With approximately 1,100 lawyers, the firm has offices spanning three continents and six countries, and it continues to be one of the highest-grossing law firms in the world.
Weil fields one of the most respected restructuring departments in the world and has played an integral role in nearly every high-profile bankruptcy in history, including WorldCom, Enron, General Motors, Washington Mutual, AIG, and Lehman Brothers, and more recently Sears, PG&E, and Takata.
A corporate powerhouse, Weil continually ranks in the top 20 in Vault’s rankings for General Corporate Practice, Private Equity, M&A, Banking & Financial Services, and Securities/Capital Markets. The firm is involved in some of the most high-profile M&A deals in the market. Over the last five years, Weil has handled more than 1,500 deals totaling more than $2.1 trillion in deal value. The firm‘s global private equity practice is also recognized as being one of the market leaders in the field—PE clients include the majority of the largest and highest-profile private equity funds, sovereign wealth funds, and pension funds, as well as family offices and other equity financial investors.
Litigation is another strong suit for the firm, which boasts more than 350 lawyers in its litigation practice. In 2018, The American Lawyer recognized Weil with an Honorable Mention in the publication’s biennial Litigation Department of the Year contest. The firm takes pride in its ability to serve clients on wide-ranging issues drawing on cross-departmental expertise in the class action, crisis management, investigations, and trial contexts, among others.
In 2019, the firm launched a new philanthropic program: Weil Legal Innovators Program. Through this initiative, the firm has partnered with a group of law schools—Columbia, Duke, Georgetown, NYU, and University of Pennsylvania—to offer 10 incoming students an opportunity to perform one year of public service at a partnering nonprofit. The firm expects the group of participating law schools to grow in the future. The participants will defer law school for one year as they engage in the program and will receive a $50k salary plus a $10k law school scholarship. Each participant will also be paired with a Weil partner for mentoring. The firm’s goal is “to engage incoming law school students in addressing some of the most pressing social and legal challenges in our communities today.”
News & Awards
The American Lawyer reported that Weil unveiled a shortened promotion track to partner and counsel by two years. The new promotion track will be implemented firmwide at the end of 2019 for promotions effective in January 2020. Under the new system, associates will be promoted to partner or counsel after seven-and-a-half years. Weil’s innovative new path to partnership was highlighted by the Financial Times in its annual Innovative Lawyers awards and also covered by Bloomberg BNA, Law360, Legal Week, ABA Journal, and The Legal Intelligencer.
In an article published in May 2019 by The Wall Street Journal, Weil was included among the top firms overall and specifically singled out for advising on the largest and most lucrative 20 cases of the past decade.
The Deal reported in May 2019 that Weil is advising Citi and another financial institution as providers of committed financing for Occidental Petroleum Corporation—an international oil and gas exploration and production company with operations in the United States, Middle East, and Latin America—in its pending $57 billion acquisition of Anadarko Petroleum Corporation. Widely covered by top international publications, Chevron Corp. bowed out of the bidding following Occidental’s competing offer, ending one of the most “high-stakes energy-deal dramas in years,” according to The Wall Street Journal.
In October 2018, litigation partners Diane Sullivan and Allison Brown were named “Litigators of the Week” by The AmLaw Litigation Daily for securing a complete defense jury verdict for Johnson & Johnson in the mass tort talc litigation. Since then, Weil has won two additional unanimous jury verdicts for Johnson & Johnson in cases where plaintiffs allege that the use of talcum powder caused cancer.
- Counsel to Sears Holdings Corporation and its affiliated debtors in its chapter 11 restructuring, one of the largest retail bankruptcies in history.
- Counsel to Brookfield Asset Management and Brookfield Property Partners (BPY) in BPY’s $14.4 billion acquisition of the approximately 66% of common stock that it did not already own of GGP Inc.
- Counsel to Eli Lilly and Company in its approximately $8 billion acquisition of Loxo Oncology, Inc.
- Counsel to C&S Wholesale Grocers in winning a complete defense jury verdict defeating a multi-hundred million dollar antitrust class action alleging that C&S and another wholesaler conspired to allocate markets.
- Barry Wolf named Outstanding Ally and Weil named Most Inclusive Firm for LGBT+ Lawyers, 2019 (Chambers Diversity & Inclusion Awards)
- Marcia Goldstein and Ronit Berkovich, 2019 Dealmakers of the Year (The American Lawyer)
- Four Practice Groups of the Year (Banking, Business Finance & Restructuring, Life Sciences and Trials) 2018 (Law360)
- Class Action Litigation Department of the Year 2018 (New York Law Journal)
- David Gail, Jessica Liou, Gabriel Morgan, Heather Viets, 2019 Emerging Leaders (The M&A Advisor)
767 Fifth Avenue
New York, NY 10153
Phone: (212) 310-8000
Executive Partner: Barry M. Wolf
Co-Hiring Partners: Joshua Amsel & Jackie Cohen
Total No. Attorneys 2019:
1K - 1.5K
1st year: $190,000
2nd year: $200,000
3rd year: $220,000
4th year: $255,000
5th year: $280,000
6th year: $305,000
7th year: $325,000
8th year: $340,000
Summer associate: $3,654/week
No. of Summer Associates:
139 total (130 2Ls; 9 1Ls) (2019)
Wesley B. Powell
Director, Legal Recruiting
New York, NY (HQ)
Silicon Valley, CA
Business Finance & Restructuring
Tax, Executive Compensation, & Benefits
*See firm website for a complete list of practice areas and industries.