AI law firm Crosby bids on disintegrating, famed firm Weil Gotshal

AI law firm Crosby has bid on acquiring the trademark, brand, and internal data of Weil Gotshal & Manges, a white-shoe Wall Street law firm, and is also attempting to hire some of its 1,200 lawyers. The bid follows Weil Gotshal's announcement that it is preparing to vote on dissolution after a series of setbacks, including the loss of its presumed leadership heir apparent and a failed merger with Willkie Farr & Gallagher. Crosby, which has raised $85 million, uses AI to provide legal services at a speed that is faster than ever before, and has emerged from stealth mode in 2025 with $5.8 million in seed money. Terms of the bid were not disclosed and there is no guarantee that Crosby will prevail.