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Generative AI: considerations for small businesses

Xero

Soon-Ee kicked off by asking us to think about what these technologies mean and their limits. When using generative AI in business, we should have a sense of how confident we need to be in its outputs. At this point, Maribel pointed out that generative AI proposes answers without allowing us to interrogate the underlying data.

Legal 85
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A Future Course for Success: Strategic Assessment for a Middle Market Law Firm

Cherry Bekaert

Georgetown Law and the Thomson Reuters Institute’s recent report on the 2023 State of the Legal Market 1 indicates falling demand, declining profits and realization, and rising expenses for law firms to be wary of. Legal Industry in Review The report highlights that law firm services fell from 3.7% growth in 2021 to 0.1%

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

We need to acknowledge that we expect much more from our staff when they come to us — particularly during their first year with the firm—than we ever did before. If there were ever a time we need our young staff to come to us with more education not less, it’s now. Gehi to judge its responses and carry out the medical procedures.

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Friday Footnotes: Staffing Disasters; Let’s Rag on EY; A Warning For Tax Practitioners | 4.14.23

Going Concern

Not to air dirty laundry, but we’ve had some major impacts that have put us way behind the eight ball, and I apologize for that.” Boland was “Switzerland”, they joked, a neutral party with a reputation for consensus-building and an almost preternatural niceness of the kind found only in the US Midwest.

Tax 102
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Why SMBs Are Suddenly Reluctant To Apply For The SBA’s PPP Loan Program

PYMNTS

Failing that objection, the attorney representing Zumasys, Mona Hanna of Michelman & Robinson, noted Zumasys would at least like to get some clarity on the legality of changing program requirements after loans had been disbursed. That’s why we filed this lawsuit,” she said. “We

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The Accounting Technology Lab Podcast: Jan. 2024 – Recap of Thomson Reuters Synergy Conference

CPA Practice

And they specifically said that the major area where this is going to happen is again as insurer preps document and information ingesting process coming in, and using automation to reduce the staff. And most of the AI research work from everything I’m seeing is taking place on the legal side inside Thomson Reuters.

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Tesla, Elon Musk And Much Ado About Earnings

PYMNTS

In my mind, the reporting process, the legal environment, the standards and SEC rules, the fact that statements are audited or reviewed — it all makes for a unique kind of information that investors can’t get any other way,” McNichols said. We’ll keep you posted on when and if all is forgiven.