Cleary Gottlieb has acquired Springbok AI, bringing aboard the generative AI-focused legal technology company’s founder and a 10-person team.
The rare law firm acquisition of a technology company—Cleary declined to say how much it’s spending on the deal—comes as Big Law grapples with how to apply generative AI solutions to client work. Law firms are boosting their investment in technology tools by hiring data scientists to build internal applications and buying new software products.
Cleary’s acquisition of Springbok and its data scientists combines both of the “buy versus build” strategies. The company ...
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