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Michael Aiello

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Sullivan & Cromwell Lands Weil London Co-Leader Amid Firmwide Talent Exodus
law-firm-management26 days ago

Sullivan & Cromwell Lands Weil London Co-Leader Amid Firmwide Talent Exodus

Weil, Gotshal & Manges is losing its London co-managing partner, David Avery-Gee, to Sullivan & Cromwell, marking the latest in a series of high-profile departures. Avery-Gee will join as co-head of European M&A, accompanied by partner Sarah Flaherty. This follows the recent exit of corporate chair Michael Aiello to Cravath, Swaine & Moore, prompting Weil to appoint new leadership to stabilize its corporate and private equity practices.

via Law.com|
#david-avery-gee#lateral-hiring#law-firm-management
Weil Partners Frame Aiello’s Exit as Relief, Not Loss, as Firm Pivots Under New Leadership
legal-industry29 days ago

Weil Partners Frame Aiello’s Exit as Relief, Not Loss, as Firm Pivots Under New Leadership

Michael Aiello’s departure from Weil Gotshal & Manges for Cravath has sparked internal relief rather than mourning, according to multiple sources. While Aiello was a top rainmaker, his resistance to growth and territorial behavior stalled Weil’s expansion into private equity and other areas. The firm is now positioning itself for broader diversification under incoming executive chair Ramona Nee, while Cravath gains a major M&A asset but faces structural challenges in diversifying its own practice.

via Above the Law|
#big-law#cravath#legal-industry
Weil Loses Corporate Chair and M&A Team to Cravath in Major Lateral Raid
legal-industry1 month ago

Weil Loses Corporate Chair and M&A Team to Cravath in Major Lateral Raid

Michael Aiello, the chair of Weil Gotshal & Manges’s corporate department, is leaving for Cravath Swaine & Moore with a team of approximately six M&A partners, including co-head Matt Gilroy. While Cravath praised the group as a cultural fit, Weil described Cravath as a 'smaller platform' and vowed to accelerate its growth strategy. The move represents a significant loss for Weil, which has recently added 51 lateral partners, and highlights ongoing competition for top-tier dealmakers in the legal market.

via Above the Law|
#cravath-swaine-and-moore#lateral-hiring#legal-industry