Quote:
Originally Posted by Unregistered
Very naive some posters here.
With internationalization, in future, you can hire a NQ lawyer in low cost regions, that can do the grunt work. The partners then need to check the work to ensure it is correct and send it out.
Why need to hire expensive associates?
It has happened to manufacturing, other service industries…
Even for doctor, those virtual consultations will eventually be replaced with AI.
The grunt work will be at risk of being replaced.
Unless you can do something so different.
If your skill is to read a contract and identify issues, take in comments, you’re at risk of being eliminated.
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I can tell by your first para that you're not a lawyer. We are practising lawyers, so we understand this:
Law is highly contextual. Every bot and low cost paralegal can do research, but very few can translate legal advice to the cultural, business & regulatory environment in the jurisdiction that the client operates in.
Clients don't want to hear the law. They want to hear you speak their language, assure them that u understand what the regulators think and what their industry needs. THey want u to leverage on your knowledge of the environment in which their business operates.
This rubbish about being replaced by cheap CECA lawyers has been said for years, but it will never happen. The associate may be fungible but the partner is not. And the associates of each batch will move up as a class to form the next partner class. Clients dont want to speak to CECA lawyers.
You want proof? Look at the EU which has free movement of lawyers among member states; free movement being one of the tenets of EU. Low cost Hungarian lawyers aren't moving in to replace expensive German lawyers. Even if we equalize for language & legal system, you won't see low cost Irish lawyers flooding the English market and stealing English solicitors' jobs. Conversely, it is the other way round.