A&O Shearman commits $1.1B to AI, mandates 3% billable time for tool development

A&O Shearman, a leading 'magic circle' law firm, announced a $1.1 billion investment in AI, requiring each practice area to allocate at least 3% of billable time to creating AI tools. This marks a significant corporate commitment to AI integration in the legal sector, potentially setting a precedent for professional services. The move signals growing AI adoption in knowledge industries, with implications for productivity and competitive dynamics.

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