It is really interesting because I have been using LLMs a lot for reading legalese documents. At least in the realm of Legal matters we already have this dynamic of "people make overly wordy and bloated LAWYER generated content and other people try to use LAWYERS to compress it back into useful pellet"
So at least for legal documents this LLM craze is a big improvement! It is much harder to out-spend other people on LAWYER stuff now.
I thought this is the case until I had an exit and I myself was actively participating adding to the contracts.
Obligatory warning: a lot of what seems like bloat in legal documents is there for a reason and has a specific purpose that your LLM isn't guaranteed to be able to handle. Sure, some lawyers add bloat just for the sake of it, but in many cases the text is there because it changes or clarifies the meaning of the surrounding document in a way that matters in court.
An LLM can probably help you understand the document if you're using it side by side with the real thing, but in this context it sounds more like you're using it to summarize.
its use in the legal realm isn't new, and companies like @LegalDiscovery have been at this for years.
LLMs are more general purpose, and will probably eat/merge with that business.
In the case of lawyers though, it's more akin to paying someone to find and document edge cases.
That tends to end up verbose.
In the case of other realms, it's just padding because previously word-count was a metric used as a proxy for quality or depth of analysis.