Weil Gotshal created the bankruptcy practice. We’re probably steadier in our results than some of our peers that might be weighted to a particular economy. We don’t plan for pandemic, but we do plan for recession, and we make sure we are well suited when a recession happens to make sure our results will continue to be strong, and knock on wood, that’s exactly what’s happening this year.
— Weil Gotshal executive partner Barry Wolf, commenting on the Biglaw firm’s successes during the coronavirus crisis. Weil has largely dominated debtor-side representation matters in its bankruptcy and restructuring practice, and the firm’s billable hours are ahead of budget for 2020.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.