A law firm holds the reasoning, and almost none of it is the firm's to license.

Matter files, drafting history, the negotiation record. The value is obvious and the constraint is tighter than in any other vertical, so the useful work is working out what is left once privilege and client confidentiality are taken out.

Example engagement

Example

An illustration of a firm of this kind, not a client and not a transaction. No figure here is a price; the published figures on this page are the buyers' own, and each one links to the page it came from.

Headcount: 25 to 60 people
Years of records: 15 years of records
Tools it runs on: A practice-management system, a document-management system, a billing system, email and a clause or precedent bank.
What is in them: Precedent and clause banks the firm wrote; drafting and redline history; internal know-how and training material; billing and matter-management records.
Route options: 1Keep them and sell them with the companyThe records stay inside the company and count toward what a buyer pays for it. Nothing is licensed now.
2License a defined sliceOne buyer licenses records you choose, from a set period, for a set term or use. You keep the records and the right to license them again.
3Train a model of your ownYour team fine-tunes an open-weight model on your own records, in systems you control. The trained weights belong to the company, and the records never go to a lab.
4Sell the company to a buyer that prices the records inAI-enabled roll-ups and strategic buyers now pay for companies whose records and workflows they can put to work. The records are part of what they buy.

What buyers publish

Checked Nov 5, 2026

Published per-company figures

$10K to $4M+

The span of what 7 programs publish for a company like yours.

These are the programs' own advertised figures. None of them is an offer, and no buyer has seen your records.

Where these come from

Handshake AI data licensing $100K to $4M+ payouts
micro1 Company Data Partnerships $200k-2M+ headline; $100K-500K, $500K-2M and $2M+ by tier; payments typically $150K to over $2M
Polyshares data licensing Typically $100K to $2M, paid by us to the company
Replay data licensing $10K - $100K for 20-50 employees; $100K - $1M for 50-250; $1,000,000+ for 250+
Scale AI Data Partnerships $10K-$1M+ illustrative value per data partnership, scaling with cadence
SourceX data licensing Estimated licensing payout based on company size (for example $30K–$180K for 50–99 employees); exact payout fixed in a signed Dataset Deal Confirmation
Turing, Project Lazarus up to $1M

Every program, with its terms and its source

Book 15 minutes

Fifteen to twenty minutes on what these figures mean for your records, your rights and the rest of your plans.

What changes in this line of work

Privilege belongs to the client, not the firm, and it does not survive being de-identified by the buyer. What is usually licensable is the firm's own work product where no client matter is identifiable, and the firm's own know-how. Training a model inside the firm, on systems the firm controls, is the route that avoids the question rather than arguing with it.

What decides whether you may license at all

Privilege, the rules of professional conduct in each state the firm practises in, and every engagement letter. This is the one vertical where the answer is frequently no, and a firm is better served hearing that early.

Where to go next

Work through your own records
The same questions, answered for your firm: whether the records are ready, which route fits your plans, and the range the published figures support.
Already hold an offer?
Paste it. You get a note on the figure against what buyers publish, the payment trigger, exclusivity, export and retention.
Every buyer, with its terms
One row per program: what it buys, what it publishes, a quote from its own page and the day we read it.

All verticals