Odd Lots · Monday, July 13, 2026
A due diligence project that previously cost an estimated amount saw its price drop by 70% due to AI assistance, making it viable for clients. Wingins highlights that while AI handles the initial review, human lawyers still perform crucial quality control, ensuring legal knowledge is applied to the AI-generated output.
“The project that I was talking about in that article is basically a due diligence project where we were where the assignment was to review thousands of trust agreements for the obligations of various parties in the agreements usually laborious, kind of boring, tedious. And the price we quoted or the cost that we quoted to do it I think it was like three years ago. Was based on you know, humans doing all of the work and a QC team on top of the first round. We can basically take out that first layer or review and assign that to the robot which then puts it all in this beautiful one hundred one hundred columns spreadsheet to show us all of the fields. And we're doing the QC layer, and the QC layer requires legal knowledge of how these transactions work, and some experience that you can spot where the output doesn't make sense and you go back and double check it.”
“So I think the clients still value having a law firm basically certify or you know, say this is good output in a way that they wouldn't want to do themselves. They don't have the staffing to do it themselves, and they want outside eyes on it.”