@TurnerNovak: I’m genuinely curious, how does a law firm go bankrupt? They literally just sit at computers and charge people $1-10k p…
Summary
Turner Novak questions how a law firm like Weil could go bankrupt given high billing rates, noting that AI is now automating much of the legal work that used to generate those fees, amid reports of restructuring and wind-down discussions.
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Cached at: 10/28/26, 07:38 PM
I’m genuinely curious, how does a law firm go bankrupt?
They literally just sit at computers and charge people $1-10k per hour to do things that AI is now automating (no offense at all as there’s lots of expertise required to do this!)
How does that not print money?
Sujeet Indap (@sindap): NEW: Brian Resnick from Davis Polk restructuring team now on scene at Weil and wind-down now being actively discussed among options:
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