Key Takeaways
- • Gibson Dunn is set to hire the U.S. and London-based private funds teams from Weil, Gotshal & Manges LLP, bringing on 120 attorneys, according to Law360.
- • The reported move is the largest group lateral move tied to Weil's recent decision to wind down operations.
- • Weil's management committee recommended the wind-down last week, per the primary report dated November 4, 2026.
- • The move would transfer a substantial private funds practice from one firm to another, with significant implications for fund formation and regulatory work across the U.S. and London.
Summary
The private funds practice is a core area for firms serving hedge funds, private equity sponsors, and other alternative investment managers, covering fund formation, regulatory compliance, and related advisory work. The transfer of a team of this size across two jurisdictions would place a large share of that practice under Gibson Dunn's platform.
The source article is limited in detail beyond the headline facts and the headcount. Further terms of the hiring, including compensation arrangements, client transition details, and the timing of the move, were not available in the reporting reviewed.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.