AI startup Crosby bids for Weil Gotshal's brand and trademark amid firm's dissolution
Crosby, a two-year-old AI-first law firm, has submitted a bid for parts of collapsing Wall Street firm Weil, Gotshal & Manges, including its trademark, brand, and certain internal data, according to TechCrunch. Crosby is also separately trying to recruit some of Weil Gotshal's roughly 1,200 lawyers. Weil Gotshal confirmed to the New York Times it is preparing to vote on dissolving after leadership and merger plans fell apart.