Repsol brings a mid-sized M&A matter in-house against €200,000 quotes

On October 22, 2026, Harvey reported that Repsol’s legal team completed a mid-sized M&A transaction in-house using its platform after outside-counsel quotes averaged €200,000. The figure appears in a vendor-authored account and does not disclose the transaction scope, internal labor cost, review burden or counterfactual outcome. Even with those limits, it demonstrates how AI-enabled clients may unbundle an entire matter rather than merely request a discount. Mid-sized firms should respond by offering modular diligence, escalation and closing support with clear assumptions, so clients can retain external judgment without buying the full historic labor stack.