Financial News features Edwards Gibson commentary on the race to scoop up displaced Weil talent

Scott Gibson, director of Edwards Gibson, has been cited in Financial News’ article ‘US legal giants plot London power grab as Weil collapses’ by Adam Mawardi and Zoe Hu which examines the collapse of Weil Gotshal & Manges and the battle to acquire Weil talent.

This has triggered US rivals including Simpson Thacher & Bartlett, Sullivan & Cromwell, Paul Weiss and Gibson Dunn recruiting partners and teams from the firm as they continue to expand their London practices.

The article also considers whether Weil’s demise highlights broader vulnerabilities among major US law firms, particularly as firms compete aggressively for high-value private capital work and leading rainmakers.

Commenting on the market, Scott Gibson said:

“These firms are becoming dangerously unstable. Many share the same vulnerabilities: US partnership structures with relatively little friction on leaving, concentration risk from predominantly private capital-focused work and far less partnership cohesion than existed 10 or 20 years ago.”

Read the full Financial News article here (paywalled)