Why law firms should resist the lure of the AI spin-off

A carve-out could raise capital, but it’s a crowded sector and valuations don’t accord with the sector’s lack of profitability

Why law firms should resist the lure of the AI spin-off

TL;DR

  • Spinning off AI units could potentially raise capital for law firms.
  • The AI sector is crowded, indicating significant competition.
  • Current valuations in the AI sector are not justified by its profitability.