AI drives Ashurst’s mega-merger. Just not in the way you think

However you put it, the merger of Australian legal giant Ashurst and US firm Perkins Coie is a return to the artificial intelligence boom.

Yes, there is a global trend toward consolidation in the legal industry as companies try to prepare for a future in which lower-level legal work is handled in part or entirely by AI agents, threatening to devastate the sector’s profit pools in ways we haven’t seen in decades.

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