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Story summary
- Weil Gotshal & Manges ended merger discussions with Willkie Farr & Gallagher on Thursday night after signing an NDA.
- Weil lost partners Drew Tulumelo to Davis Polk, Caroline Zalka to Paul Weiss, and Lyuba Goltser to Sidley Austin.
- Finance head Tom Richards will join Simpson Thacher.
- Weil earned about $2 billion last year.
- A merger with Willkie would raise combined revenue above $4 billion.