Wall Street Banks Demand Law Firms Slash Rates And Just Trust AI… No Way This Could Backfire!
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Wall Street Banks Demand Law Firms Slash Rates And Just Trust AI… No Way This Could Backfire!

dealbreaker
1 hour ago
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The Financial Times just published an article titled “Wall Street banks push Big Law to cut fees because of AI.” Apparently the investment bankers have decided that paying legal bills doesn’t make sense now that ChatGPT can spit out answers. We’re mere months removed from the high profile — yet very entertaining — disaster of a gaming CEO asking ChatGPT to give him the legal basis to avoid paying a $250 million bonus.Yadda yadda yadda, he lost.Has anything happened in the intervening months to m...

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