To buy or not to buy? For Cleary Gottlieb, acquiring an AI company was a no-brainer
Update: 2025-05-14
Description
Law firms acquire or merge with one another all the time. But when it comes to technology companies, firms usually keep it in-house or enter into a partnership with an outside vendor. They rarely go ahead and just buy a tech company. So when Cleary Gottlieb Steen & Hamilton announced in March that it had acquired artificial intelligence products developers Springbok AI, it made headlines.
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