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Started By
Message
re: The official injury attorneys of the LSU Tigers Dudley Debosier sell out to PE
Posted on 4/21/26 at 3:39 pm to Joshjrn
Posted on 4/21/26 at 3:39 pm to Joshjrn
quote:
While they certainly can become more efficient, the reality is that the majority of their "working time" is spent either physically in court, in direct communication with opposing counsel, or in direct communication with clients. In 2026, basic document prep just isn't that big of a deal, and that's without AI.
Fair enough.
I work in M&A and the transaction documents are a bear. And AI is not even close to being useful in most cases outside of spell/grammar check and reference checks to definitions, etc.
1
Posted on 4/21/26 at 3:45 pm to CatfishJohn
quote:
I work in M&A and the transaction documents are a bear. And AI is not even close to being useful in most cases outside of spell/grammar check and reference checks to definitions, etc.
That's a great example of an area the average person would think AI would be good at, but actually sucks arse. Large Language Models don't know what mergers are. They don't know what corporations are. They don't know what words are. They are giant probability engines. But when they are faced with a document with nuance derived not only from the words themselves, but also the order of the words, placement in the document, the presence or absence of other sections, etc, etc, it's shite, because again, it doesn't actually "know" a damned thing. All it can do is give a best guess based on probability after consuming a bunch of other documents that it also doesn't understand. Maybe good enough for a google search, but not good enough in reviewing documents with any level of detail regarding meaning.
Posted on 4/21/26 at 3:50 pm to T1gerNate
Can't wait for the PI Attorneys to come out and tell us that insurance premiums are up again because of the evil industry and politics....not things like this. Only an absolute idiot would believe this and there are plenty of them.
Posted on 4/21/26 at 3:53 pm to T1gerNate
I do a lot of labor and employment law work for large companies. I know of four who would never use a firm that was owned by private equity, ethics workarounds not withstanding. They want lawyers as professionals.
Posted on 4/21/26 at 4:05 pm to _Hurricane_
quote:
Eventually AI will replace every lawyer at these firms except the Partners and a few grunts who check everything the AI produces and show their face in court every now and again. Retarded decision to go to law school rn.
Yep. I actually can’t wait. And replace all the half-assed and corrupt retard judges and juries while we’re at it.
Posted on 4/21/26 at 5:06 pm to T1gerNate
CPA firms have been a few years ahead of law firms on this.
Unless you were a selling partner, this has been an absolute disaster. CPAs working for entities linked with PE are miserable right now.
It’s bad enough when 28 year old MBAs try to change company marketing. Imagine them telling audit and tax partners how to do their jobs.
Unless you were a selling partner, this has been an absolute disaster. CPAs working for entities linked with PE are miserable right now.
It’s bad enough when 28 year old MBAs try to change company marketing. Imagine them telling audit and tax partners how to do their jobs.
Posted on 4/21/26 at 5:22 pm to Dizz
quote:
I heard that PE is partially doing this as a data grab to then package and sell.
That's one thing that would make me uncomfortable. I guess confidentiality can be somewhat mitigated by the terms of your contract? Still not something I'd want to deal or worry about as a client.
The other big concern is what if the MSO incentivizes "more efficient" handling of my case or the rest of the practice (e.g. taking on more clients to maximize profits).
Posted on 4/21/26 at 5:30 pm to T1gerNate
Let me guess, leadership team complete with Ivy League Managing Partners and son of ultra wealthy somebody who could not get in (Univ of Miami type)? Big, white teeth valued at 8X EBITDA.
Penthouse + Pretentious + Prenuptual peeps
Penthouse + Pretentious + Prenuptual peeps
Posted on 4/21/26 at 5:41 pm to Joshjrn
quote:
can't negotiate with opposing attorneys/parties.
It will definitely be able to do this. Or at least do this with minimal attorney supervision.
quote:
Now, large firms may need fewer associates, but you still need an attorney at the end getting things across the finish line.
Fewer associates today means fewer partners tomorrow. I was interviewing for an in house position a few months ago and we were talking about AI integration and the GC was talking about all the savings they are seeing by having the AI (instead of an associate/lower level attorney) take a first pass at things and then just reviewing and spot checking etc.
I asked the guy how the next crop of lawyers will learn what to look for and perform the spot checking themselves if AI has replaced that function and he said he hadn't thought of that....
AI is going to be great for supercharging competent and seasoned lawyers, but once those guys age out, the replacements will have never received the training/experience of those they're replacing.
Posted on 4/21/26 at 7:24 pm to T1gerNate
This is the wave of the future and a great thing for Louisiana tort victims.
With the backing of private equity firms, the billion dollar insurance companies won’t be able to strong arm Louisiana citizens into settling their claims for less.
With the backing of private equity firms, the billion dollar insurance companies won’t be able to strong arm Louisiana citizens into settling their claims for less.
Posted on 4/21/26 at 7:35 pm to JohnnyKilroy
quote:
It will definitely be able to do this. Or at least do this with minimal attorney supervision.
Who pays the bill when AI commits rank malpractice? If an attorney has to sign off on anything AI negotiates, how many “no, neverminds” until attorneys refuse to negotiate with AI anymore? Back in my early PD days, I dealt with a baby ADA who had to get every deal they made approved by their section chief. Didn’t take long for me to decide, after a couple of blown up deals, that it wasn’t worth my time and just dealt directly with the section chief.
Posted on 4/21/26 at 7:40 pm to T1gerNate
So you’re telling me that these MSOs are going to have zero input on how a lawyer represents his client?
Yeah, right.
Some law firms are gonna make bank suing these MSOs and the lawyers for intentional tortious interference and malpractice.
Yeah, right.
Some law firms are gonna make bank suing these MSOs and the lawyers for intentional tortious interference and malpractice.
Posted on 4/21/26 at 8:07 pm to BayouBandit24
quote:
Tell me again how it’s all about helping injured people fight the big bad insurance company.
Anyone who believes this is retarded
Posted on 4/21/26 at 8:27 pm to udtiger
Wonder if the senior partners have to stay on or if they can take their money and go do something else?
Like start another firm?
Like start another firm?
Posted on 4/21/26 at 8:47 pm to CatfishJohn
quote:
We've had AI "experts" come and help with prompts and it still shits out garbage. It's not hallucinations either.
So someone essentially created a Mad Lib for Legal Documents, and it doesn't pass the muster of sound legal documentation.
Posted on 4/21/26 at 8:57 pm to BayouBandit24
This can’t be a good thing. The PE guys will eventually want more juice for their dollars, then Dudley Debosier fills the pressure to do whatever is needed to meet those demands. Eventually, after the PE guys have packaged a few more deals and make a little coin-they sell because they have made money, but see the revenue trending downward.
Posted on 4/21/26 at 9:02 pm to T1gerNate
I own a small, but very profitable law firm. Ive been approached multiple times already by PE firms. PE getting involved in law is bad for everyone.
Posted on 4/21/26 at 9:11 pm to T1gerNate
Personal injury attorneys are the worst
This post was edited on 4/22/26 at 8:13 am
Posted on 4/21/26 at 9:23 pm to TheOcean
quote:
PE getting involved in any business is bad for everyone.
The PE bros have already ruined healthcare and have started ruining CPA firms.
PE bros are a cancer on society.
Posted on 4/21/26 at 9:23 pm to Joshjrn
AI is helping low information, unskilled plaintiff lawyers (of which there are thousands in Louisiana (and many on this site)) draft pleadings that are longer and more complex looking, though far from good. Plaintiff lawyers in this state historically will sign and file almost anything, so it's all getting into the record and must be responded to no matter how frivolous and unethical it is. Regardless of merit, it gives the defense bar more work to do and makes the work more tedious. Cases are now being over litigated.
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