Tag Archives: Bloomberg

New software can do in seconds work that takes lawyers hundreds of thousands of hours annually

 Bloomberg recently reported that JPMorgan Chase has deployed contract-analysis software that does in seconds work that takes lawyers hundreds of thousands of hours annually.

One thinks of John Henry who was a steel driving man. He died with a hammer in his hand.

JPMorgan’s technology budget runs to $9.6 billion. For that kind of money, you can eliminate more professions than one (or, at least more categories of services).

Keep on pounding.

 

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