Egan-Jones: Tiny AI Teams Could Push Down Law and Consulting Fees

Egan-Jones said Sept. 30 that 'a handful of people with AI doing a floor's work will significantly reduce professional services prices.' The SEC-recognized credit rater — approved by the U.S. markets regulator — posted it on its Insight page. My take: a price forecast, not a rating change. Lower fees would squeeze law and consulting profits, while saving clients money.