Outside Counsel RequirementOctober 7, 2026· Confirmed
Citi, Goldman Sachs and Morgan Stanley Reportedly Tell Outside Firms to Pass On AI Efficiency Savings
- Significance
- High
- Confidence
- Confirmed
Several large banks, reportedly including Citi, Goldman Sachs and Morgan Stanley, told outside law firms they expect fee reductions reflecting AI-driven efficiency, even as Citi's own data shows legal workload still rising.
- Significance
- High
- Source type
- Trade Press