Buyer spending $10M/yr on legal fees says AI will do 90% of M&A legal work within 5 years

jkubicki · x · 2026-11-14

A buyer whose firm spends over $10M a year on legal fees—almost all on similar M&A deals—says he'd accept slightly lower quality for major cost cuts, and expects AI to handle 90% of transactional legal work within five years, with lawyers only reviewing.

Deal practitioner jkubicki adds nuance: LLMs already digest data rooms and documents to build transaction context, but the real bottleneck is "reading the room"—emotions, social signals, and tacit negotiation dynamics remain a human-to-human frontier AI can't capture yet.

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