# AI Law Firm Crosby Bids for Weil Gotshal’s Name and Data

> AI law firm Crosby seeks Weil Gotshal’s brand and data as Wall Street firm dissolves.
- Title: AI Law Firm Crosby Bids for Weil Gotshal’s Name and Data
- Summary: AI law firm Crosby seeks Weil Gotshal’s brand and data as Wall Street firm dissolves.
- Keywords: ai law firm, crosby, weil gotshal, brand acquisition, internal data, law firm dissolution, ai-native law firm, Pymnts
- Source: Pymnts — https://pymnts.com/news/artificial-intelligence/2026/ai-law-firm-crosby-bids-for-weil-gotshals-name-and-data
- Author: PYMNTS
- Published: 2026-11-13T21:54:26+00:00
- Read time: 1 min
- Topics: ai law firm, crosby, weil gotshal, brand acquisition, internal data, law firm dissolution, ai-native law firm, business, finance
## Crosby bids for Weil Gotshal’s name and data
Two-year-old AI law firm Crosby made a bid for Weil, Gotshal & Manges' trademark, brand, and some internal data.

> Crosby made the offer for the trademark, brand and some internal data of Weil, Gotshal & Manges
## Weil dissolves after bid
Weil, Gotshal & Manges voted to dissolve the firm two weeks after Crosby's bid was reported.

> Weil’s partners voted Tuesday (Nov. 10) to dissolve the firm
## Crosby’s funding and scale
Crosby has raised about $85 million since launching, while Weil generated over $2 billion in revenue last year.

> Crosby has raised about $85 million since it launched
## Weil’s revenue vs Crosby’s funding
All the money Crosby has raised equals about 4% of what Weil billed in one year.

> All the money Crosby has ever raised equals about 4% of what Weil billed in one year
## Crosby’s AI model
Crosby employs lawyers who use AI to review contracts in under an hour, not selling software.

> Crosby promised then to review a client contract in under an hour
## Crosby’s data use plan
Crosby has not specified how it would use Weil’s data, which could include merger templates and negotiation contracts.

> A large firm’s non-client data, such as merger agreement templates and contracts at different stages of negotiation
## Other AI law firms
Scissero and Vetta are also seeking Weil’s data, with Scissero targeting technology and Vetta focusing on private equity deals.

> Scissero has submitted an expression of interest in Weil’s technology, intellectual property and data assets
## Law firms race for AI
Kirkland & Ellis invested $500 million and A&O Shearman committed $1.1 billion over five years to build their own AI platforms.

> Kirkland & Ellis has committed $500 million over three to four years to build its own AI platform
## Key takeaway

Crosby, a two-year-old AI law firm, bid for Weil, Gotshal & Manges’ name and internal data as the firm dissolved.