THE CHEETAH BRIEF
Weil’s $54M Rent Burden, Legal AI Training and Corporate Counsel Spending
Law firms, law schools, and legal professionals are stepping up to support associates and law students affected by Weil, Gotshal & Manges LLP’s impending wind-down, offering resume reviews, referrals, networking opportunities, and expedited interviews.
Where Weil’s Talent Is Landing & Which Firms Are Growing
Law firms, law schools, and legal professionals are stepping up to support associates and law students affected by Weil, Gotshal & Manges LLP’s impending wind-down, offering resume reviews, referrals, networking opportunities, and expedited interviews.
BigLaw’s $1.5M Partners and a New Era of Secrecy
Weil, Gotshal & Manges LLP, the nearly century-old Wall Street law firm known for its bankruptcy and restructuring expertise, is preparing to dissolve after a wave of partner departures, leadership uncertainty and failed merger talks left it unable to remain viable.
Katten Targets $5M Profits as Wood Smith Lands Investment Deal
Weil, Gotshal & Manges LLP is reportedly negotiating a merger with an unnamed law firm, though the deal is not guaranteed.
Partner Poaching, $250K Paychecks and a Singapore Split
SixFifty, an employment law compliance platform acquired by Paychex from Wilson Sonsini Goodrich & Rosati in 2025, has launched an AI-powered HR compliance specialist designed to help businesses navigate changing employment laws.
AI Trust, BigLaw Leadership Moves & Tennessee’s Push for Legal Reform
Attorneys at the Association of Corporate Counsel’s annual conference warned that in-house and outside counsel risk damaging trust if they fail to discuss AI use upfront.
Weil Rebuilds Private Equity Team as BigLaw Revenue Hits New Highs
Peter Feist, former head of private equity at Cravath, Swaine & Moore LLP, is returning to Weil, Gotshal & Manges LLP as U.S. co-head of private equity alongside Ramona Nee and Kyle Krpata.
Harvey’s $550M Bet, Big-Law Moves & Where Tech Finds Its Lawyers
Morgan & Morgan, P.A. has been using its proprietary AI platform, MX2, for several years and plans to invest at least $1 billion in AI and technology over the next decade.
Morgan & Morgan’s $1B AI Bet, BigLaw Pay Growth & Litigation Funding Push
Morgan & Morgan, P.A. has been using its proprietary AI platform, MX2, for several years and plans to invest at least $1 billion in AI and technology over the next decade.
AI Bills, $2,500 Rates & Private Equity’s Legal Push
In-house legal departments expect their budgets to grow in 2027, but rising salaries, outside counsel fees, and especially AI-related costs are continuing to stretch resources.
AI, Associate Pay & the Shifting Legal Market
Cahill Gordon & Reindel LLP has appointed Kelly Graves as its first Chief AI Strategy and Innovation Officer, while also promoting her to partner.
Anthropic Names New GC as Big Law Pushes Deeper Into AI
Anthropic has appointed Elena Leichty as general counsel, succeeding Jeffrey Bleich, who will transition to international special envoy.
AI Is Redefining How Law Firms Prepare, Practice and Grow
Winston Taylor is taking a different approach to preparing future lawyers with its inaugural Practice-Ready Program, which brought together 28 incoming law students for training focused on skills AI cannot replace.
Record Law Graduate Hiring, BigLaw Expansion & AI’s Growing Role
The class of 2025 law graduates posted a near-record 92.8% employment rate, with a record 85% securing positions requiring or anticipating bar admission.
ABA Pushes Back on Early Recruiting, AI Reshapes Hiring & NextGen Bar Exam Debuts
The American Bar Association approved several key policy resolutions during the first day of its annual meeting, including a measure urging law schools and firms to examine the impact of increasingly early Big Law recruiting on students' education and career development.
The Legal Industry's Biggest Shift Isn't in the Courtroom
A new wave of AI-native law firms are reshaping the legal industry by attracting Big Law talent with AI-first workflows, alternative pricing models, and greater flexibility.
Who Owns the AI Advantage? Plus: Big Law’s Latest Moves
The University of Chicago Law School is introducing a new AI policy that bans laptops, tablets, and phones in all first-year required courses to encourage deeper learning and critical thinking through distraction-free, device-free classrooms.
Legal Employment Climbs as Demand Accelerates
The legal industry added 5,100 jobs in June, the largest monthly increase in more than two years, bringing total legal employment to 1.24 million, according to the U.S. Bureau of Labor Statistics.
Ensuring a Future for LGBTQ+ Lawyers: New Programs, Stronger Support, Greater Opportunity
The National LGBTQ+ Bar Association is expanding its support for LGBTQ+ law students and early-career attorneys in response to increasing legal and political challenges facing the community.