Freshfields Eyes AI Spin-Off to Create Tech Company ‘Worth Billions’

Freshfields partners explore carve-out of AI unit worth ‘billions’

In a leaked email, Freshfields global managing partner Alan Mason said that he was working to turn the firm’s artificial intelligence unit into a separate entity.

Freshfields eyes AI spin-off to create tech company ‘worth billions’

Plans emerge in leaked emails Senior partners at Freshfields are apparently considering spinning off the firm’s in-house AI and legal tech arm into a standalone business potentially “worth billions”, according to a leaked email chain accidentally circulated within the firm. Freshfields’ global managing partner, Alan Mason, outlined plans to carve out the firm’s legal tech division in an email last Friday to Ethan Klingsberg, co-head of US corpor…

Law Firm Freshfields Weighs Billion-Dollar Spinoff for AI Unit

Freshfields could make its in-house legal technology unit, Freshfields Lab, a separate company that could be opened to external investors.