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Post List #2
Big Law Firms Have Been Keeping the AI Savings – Now Wall Street Wants Them Back
Goldman Sachs, Morgan Stanley and Citi are asking a rather uncomfortable question of their outside lawyers: if AI is making legal work faster, why aren’t the bills getting smaller? Power Points Goldman Sachs, Morgan Stanley and Citigroup are pushing major law firms to demonstrate how AI efficiencies are being reflected in their legal bills. Citi has begun asking firms bidding for work to explain their AI-related savings, while Morgan Stanley…
