AI-powered law firm Crosby has entered bidding to acquire Weil, Gotshal & Manges, a prestigious Wall Street firm currently facing decline. The move signals a potential pivotal moment where an AI-native firm could take over a decades-old 'white-shoe' institution.
Background
The legal industry has been increasingly adopting AI tools, with companies like Harvey and newly formed AI-first firms challenging traditional practice models.
- Source
- TechCrunch
- Published
- Oct 31, 2026 at 03:55 AM
- Score
- 6.0 / 10