This misses that:<p>(1) Though the work in aggregate may be highly complex, it is disaggregatable. A very significant portion of the overall cost of these bespoke matters is composed of automable work (e.g., diligence, preparing closing documents). Humans may guide and monitor, but that could exist with significant changes to how legal work gets done.<p>(2) While &quot;the cost of elite lawyers is less than a rounding error on the balance sheet”, most serious companies (e.g., GE) take efficiency very seriously in their businesses overall. Why would they not expect and push for it with their outside lawyers?