AI Law Firm Crosby Bids for Weil Gotshal's Name, Brand and Some Internal Data as the Wall Street Firm Prepares to Vote on Dissolving
Crosby, a two-year-old law firm that uses its own AI to deliver legal services, has bid for some of Weil, Gotshal & Manges' assets, including its trademark, brand and some unspecified internal data, TechCrunch confirmed after The Information first reported it. Crosby is separately trying to hire some of Weil's 1,200 lawyers. Weil has told The New York Times it is preparing to vote on dissolution. Terms were not disclosed; Axios Pro, citing one source, reported a price in the low double-digit millions.
Crosby is not bidding for a law firm so much as for what is left of one: its name, its brand and some of its data. The two-year-old AI-first law firm has offered to buy those assets from Weil, Gotshal & Manges, TechCrunch confirmed on October 30, after The Information first reported the bid. The lawyers are a separate matter. Crosby is also working to hire some of Weil's 1,200 lawyers, TechCrunch reported.
What is on the table#
TechCrunch reported that the bid covers Weil's trademark, its brand and some unspecified internal data. Terms were not disclosed, and TechCrunch noted there is no guarantee Crosby will prevail. Axios Pro, citing one source, reported that talks began on Friday, that Crosby could pay in the low double-digit millions of dollars, and that a deal could close within weeks. Neither Crosby nor Weil has commented publicly on the bid in the sources we read.
Weil confirmed to The New York Times this week that it was preparing to vote on dissolution in the coming days, according to TechCrunch. The Times reported that the wind-down follows the firm's presumed heir apparent turning down the leadership role, the departure of some top-producing lawyers, and a shelved merger with Willkie Farr & Gallagher.
A firm, not a software vendor#
Crosby differs from legal-AI companies such as Harvey and Legora, which sell their software to existing firms. Crosby is itself a law firm that uses its in-house AI to provide legal services, TechCrunch noted. It has raised about $85 million, including a $60 million Series B in March led by Lux and Index, with participation from Sequoia, Elad Gil, 01 Advisors and Bain Capital Ventures; it came out of stealth in 2025 with $5.8 million in seed funding.
TechCrunch also noted that no one has pointed to the rise of legal AI as a contributing factor in Weil's decline.
Limits#
- The bid itself rests on The Information's report and TechCrunch's confirmation; we have not seen a statement from Crosby or Weil.
- The price and timing come from Axios Pro's single unnamed source, and we could read only the preview of that subscriber story.
- TechCrunch describes the internal data in the bid only as unspecified, so what it covers is not known.