What killed Weil Gotshal?

Crosby, a two-year-old startup utilizing AI for contract review, has submitted a letter of intent to purchase assets from Weil Gotshal Manges. The bid includes the firm's trademark, brand, and internal data following the sudden decision to wind down the 95-year-old firm. Crosby also intends to hire some of the 1,200 lawyers. The collapse of the previously profitable firm was triggered by a string of partner departures, leaving the remaining staff stunned by the outcome.