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From:
mag.briefing.co.uk
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Average IT spend on increase as AI back in efficiency frame
https://mag.briefing.co.uk/2024/10/01/editorial-briefing-hsbc-24-25-it-and-operations/content.html
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The average level of technology investment expected is 6% of annual revenue — to streamline or future-proof firm operations — and over half see a role for generative AI in production of legal work for clients
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