Storyline · business · 2 reports from 1 newsroom
Partner Move Highlights Weil Gotshal Ethics Rules
First reported Nov 2, 6:06 PM ET · Latest Nov 6, 12:51 PM ET · Explainer updated Nov 6, 1:01 PM ET
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Where things stand
Ramona Nee, a star private‑equity lawyer, is leaving Weil Gotshal to join Kirkland & Ellis, the Wall Street Journal reports.
Facts
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Timeline
Every report, newest first
- Partner Who Was Poised to Lead Weil Gotshal Is Joining Kirkland & Ellis — Wall Street Journal
Ramona Nee, a star private-equity lawyer, will work for a firm whose scale she wanted to emulate.
- Opinion | The Ethics Rules Behind Weil Gotshal’s ‘Partner Run’ — Wall Street Journal
Bans on outside ownership and noncompete agreements make it hard for law firms to innovate—and sometimes even to survive.
Questions
- How the move will affect Weil Gotshal’s ability to retain talent and whether Kirkland & Ellis will face similar ethical constraints. Open
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More: background
Weil Gotshal operates under ethics rules that ban partners from owning outside businesses and from signing noncompete agreements, constraints that can limit firm innovation and even threaten survival.
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