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by terminalcommand 3032 days ago
The AI could really help in due dilligence which is usually left for the youngest associates/trainees. By the nature of the work, you have to review and summarize thousands of documents. And as this process takes a long time, you cannot charge the standard rates to the client. Instead you work overtime without charging anything thus receiving no extra compensation.

I remember doing a due dilligence work during one of my summer internships, where my only job was to scan documents for any non-spanish documents. If the document was in spanish and contained no suspicious names, I closed it. If not, I printed it out. I had to do this for hours and hours in the night.

I think AI would be a great fit for such tasks.