NYT DealBook
New York Times coverage of corporate finance, mergers, Wall Street, and business regulation.
Articles from NYT DealBook
Weil Gotshal Partners Vote to Shut Down Nearly Century-Old Firm
Weil Gotshal & Manges partners vote to wind down operations after partner defections and failed merger talks, signaling major BigLaw disruption.
Big Law and Tech Hire Legal Engineers Without JDs, Prioritizing AI Skills
Legal engineering jobs are rising, blending AI expertise with legal workflows; major firms and tech companies are hiring beyond traditional JDs.
Kalshi Raises $1B at $40B Valuation Despite Legal Challenges
Kalshi secured $1 billion funding, doubling its valuation to $40 billion amid Washington state legal restrictions on some contracts.
AI Helps Find Critical PHP Flaws; Attacks Rise but Exploits Remain Limited
OpenAI's GPT-5.6 Sol aided researchers in finding severe PHP vulnerabilities affecting 70% of websites; attack attempts surged but large-scale breaches are rare.
BigLaw Boosts AI Use but Holds Firm on Billable Hour Fees
Despite 70% of US law firms adopting AI and a 9.7% tech spend increase, BigLaw resists fee changes amid client pressure.