MONEY · Saved
How Ben McMillan saved $1M with AI
$1M legal bills saved since 2022
savedMaker claim
Ben McMillanIDX Advisors in-house legal and software automation
The CIO of a small investment firm used LLMs to run an in-house paralegal function and replace outsourced developers.
- Team
- 10-person firm
- Tools
- ChatGPT · Claude · Claude Code · Codex · OpenClaw
I did the math: we easily saved a million dollars in legal bills since the launch of LLMs, which is material.
How solid is this number?
The founder's own estimate in a paid interview, not an audited figure; he gives a $75,000 LP-docs example and $7 in AI compute for a task that used to take 40 hours.