Several points remain open. Binance has not finished restoring withdrawals, and the timeline for the remaining assets depends on security reviews that have no published end date. Questions about the exchange's liquidity and the exact method of the attack are still unresolved. At Weil, Bloomberg Law reports that the firm's nearly 600 associates are job-hunting and that rivals, including Kirkland & Ellis, are competing for its partners, but the final destinations for most of the firm's lawyers have not been reported.
For attorneys, the Weil collapse is the more immediate concern. Partner moves are likely to continue through the weeks before year-end bonuses, and lateral hiring and client-transition work will be active. Commentators point to the firm's dependence on a few star dealmakers and its succession planning as the lessons to watch. On the crypto side, the North Korea attribution puts Binance's recovery squarely in sanctions territory, so counsel advising exchanges, custodians, or investors should review sanctions screening and the exchange's user-protection commitments as the withdrawal phases proceed.