Crosby bids for Weil Gotshal's brand and data as the law firm winds down
Ryan Daniels and John Sarihan's two-year-old Crosby is seeking Weil Gotshal's trademark, brand and internal data while separately trying to hire some of its 1,200 lawyers.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Crosby's bid tests whether an AI-native firm can turn a legacy firm's brand, templates and lawyers into an advantage tool vendors cannot copy by selling software. Weil Gotshal's value also depends on partners and client trust, both of which can leave before any asset sale closes.
Ryan Daniels and John Sarihan's AI-first law firm Crosby submitted a letter of intent on October 29th to buy Weil Gotshal's trademark, brand and unspecified internal data, according to Dealroom's account of The Information's reporting.…
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