Ed. be aware: Welcome to our every day function, Quote of the Day.
The underside line is that it’s coming. There are a lot of, many companies who imagine firmly that it’ll have a fairly vital influence on the best way they work and their leverage fashions.
— Gretta Rusanow, managing director and head of advisory providers at Citigroup Inc.’s regulation agency group, in feedback given to Bloomberg Regulation, regarding the impending prices related to Biglaw companies’ efforts to deploy synthetic intelligence instruments throughout their practices. It’s been estimated that within the not-too distant future, companies could also be spending 0.5% or extra of their income on AI.
Staci Zaretsky is the managing editor of Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to e-mail her with any ideas, questions, feedback, or critiques. You possibly can comply with her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.
