{"id":131792,"date":"2025-08-21T15:38:28","date_gmt":"2025-08-21T23:38:28","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/08\/21\/biglaw-firms-better-be-prepared-to-open-their-wallets-to-pay-for-ai\/"},"modified":"2025-08-21T15:38:28","modified_gmt":"2025-08-21T23:38:28","slug":"biglaw-firms-better-be-prepared-to-open-their-wallets-to-pay-for-ai","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/08\/21\/biglaw-firms-better-be-prepared-to-open-their-wallets-to-pay-for-ai\/","title":{"rendered":"Biglaw Firms Better Be Prepared To Open Their Wallets To Pay For AI"},"content":{"rendered":"

Ed. note<\/u>: Welcome to our daily feature, Quote of the Day<\/a>.<\/em><\/p>\n

The bottom line is that it is coming. There are many, many firms who believe firmly that it is going to have a pretty significant impact on the way they work and their leverage models.<\/strong><\/p>\n

\u2014 <\/i>Gretta Rusanow, managing director and head of advisory services at Citigroup Inc.\u2019s law firm group, in comments given to Bloomberg Law<\/a>, concerning the impending costs associated with Biglaw firms\u2019 efforts to deploy artificial intelligence tools across their practices. It\u2019s been estimated that in the not-too distant future, firms may be spending 0.5% or more of their revenue on AI.<\/em><\/strong><\/p>\n

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\"Staci
<\/figcaption><\/figure>\n

Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n

The post Biglaw Firms Better Be Prepared To Open Their Wallets To Pay For AI<\/a> appeared first on Above the Law<\/a>.<\/p>\n

\"\"<\/figure>\n

Ed. note<\/u>: Welcome to our daily feature, Quote of the Day<\/a>.<\/em><\/p>\n

The bottom line is that it is coming. There are many, many firms who believe firmly that it is going to have a pretty significant impact on the way they work and their leverage models.<\/strong><\/p>\n

\u2014 <\/i>Gretta Rusanow, managing director and head of advisory services at Citigroup Inc.\u2019s law firm group, in comments given to Bloomberg Law<\/a>, concerning the impending costs associated with Biglaw firms\u2019 efforts to deploy artificial intelligence tools across their practices. It\u2019s been estimated that in the not-too distant future, firms may be spending 0.5% or more of their revenue on AI.<\/em><\/strong><\/p>\n

\n
\"Staci
<\/figcaption><\/figure>\n

Staci Zaretsky<\/a>\u00a0is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on\u00a0Bluesky<\/a>,\u00a0X\/Twitter<\/a>, and\u00a0Threads<\/a>,\u00a0or connect with her on\u00a0LinkedIn<\/a>.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Ed. note: Welcome to our daily feature, Quote of the Day. The bottom line is that it is coming. There are many, many firms who believe firmly that it is going to have a pretty significant impact on the way they work and their leverage models. \u2014 Gretta Rusanow, managing director and head of advisory […]<\/p>\n","protected":false},"author":3,"featured_media":131774,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-131792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/08\/Staci-Zaretsky-TFizDe.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/131792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=131792"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/131792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/131774"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=131792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=131792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=131792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}