Liver failure can be acute or chronic, with chronic being more common. Chronic liver failure progresses from cirrhosis to portal hypertension and its complications like variceal bleeding. Cirrhosis occurs after prolonged liver injury and scarring replaces liver tissue. Portal hypertension occurs when pressure in the portal vein exceeds 10 mmHg, increasing risk of bleeding from esophageal varices. Treatment of liver failure focuses on supportive care in intensive care units, managing complications like encephalopathy, and liver transplantation for severe cases.