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AI law firm Crosby bids on disintegrating, famed firm Weil Gotshal
Like a real-life episode of Suits , the demise of famed white-shoe Wall Street law firm Weil, Gotshal & Manges has been the talk of the legal industry this week. And now, Silicon Valley has entered the picture.
AI Summary
Silicon Valley AI‑law firm Crosby has submitted a bid to acquire assets from the dissolving Wall Street firm Weil, Gotshal & Manges. The offer includes the Weil Gotshal trademark, brand, and unspecified internal data. Crosby is also pursuing the hiring of some of the firm’s 1,200 lawyers. The Information first reported the offer. No further details on terms or timeline have been released.
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