A guide vane bearing for a hydraulic machine is provided, which may be serviced from the side of the water flow path, and a method for installing and removing a bearing of this type. The guide vane bearing includes a bearing support and a layer of bearing material and at least three segments, which are separately connectable to the bottom ring of the hydraulic machine, each segment including one part of the bearing support and one part of the layer of bearing material, and a joint between the segments being obliquely formed with respect to the bearing axis, so that one segment has a wedge shape, and the bearing furthermore including a bearing seal, and the bearing seal being rotatably fixedly connected to the trunnion of the guide vane, and the bearing support including a surface, which is designed as a running surface for the lip of the bearing seal.