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.
Two-year old AI-first law firm Crosby has put in a bid to buy some of the assets of Weil Gotshal, including its trademark, its brand, and some unspecified internal data, TechCrunch has confirmed. Separately, it is also working to hire some of the firm’s 1,200 lawyers. The Information was first to report this offer.