White shoe law firm Fried Frank quashes rumors that it’s slashing hires because of AI bots

Source: New York Post

Bosses at one white-shoe law firm in New York are stating unequivocally that chatbots won’t be a job killer, maybe even the opposite – even as rumors spread across the legal industry that hiring pools will soon face significant cuts, On The Money has learned. Speculation has swirled inside New York-based Fried Frank – a half-century-old powerhouse whose clients include Goldman Sachs and real estate giant Tishman Speyer – that the firm could soon reduce a big chunk of its incoming classes of junior associates, sources close to the firm said. That’s outright false, senior people at the firm told me.