Freshfields Partners Reportedly Explore AI Unit Carve-Out Valued at 'Billions'
UKPulse Money Desk
Partners at Freshfields are reportedly considering spinning off their legal tech unit into a separate entity, with leaked emails suggesting a valuation of 'billions'.
- Freshfields partners are exploring a carve-out of their AI unit.
- The legal tech unit is reportedly valued at 'billions'.
- Discussions reportedly aimed to separate the entity before valuations potentially fall.
Partners at Freshfields are reportedly exploring the separation of their artificial intelligence (AI) unit, according to leaked emails. The legal tech unit is said to be valued at 'billions'.
The discussions reportedly centred on placing the unit into a distinct entity, with the aim of doing so before potential declines in valuations.