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Old 25-05-2022, 07:25 PM
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Originally Posted by Unregistered View Post
I'm the person you quoted and I concur with your post absolutely. The pie is already shrinking in late 2000s and with the judiciary introducing measures that essentially remove lawyers from the disputes, there will be many casualties in the coming years. I am guessing the first few to go will be you "specialist" family law firms that rely on volume (at the expense of billing lower fees). Future divorcing millennials will be savvy enough to Google all the court procedures that are easily available on the website and proceed on an uncontested basis to save costs.

Only criminal litigation will still be "alive" because most Accuseds will prefer a lawyer to defend them, rather than defend themselves as they may be intimidated by adversarial criminal proceedings.

That said, I think corporate is looking bleak too with advancement of AI being intelligent enough to draft simple SPAs, STAs, etc. Oh well, boomers and Gen X practitioners have already taken generous chunks of the pie and only the crumbs are left for millennial and zoomer practitioners.

I don’t you’re in this industry or even if you are, probably one of the slacking ones in a sh*t town. Any lawyers who simply uses an AI/Practical Law-drafted document will get fired anytime soon. None of these transactions are the same and that is why lawyers are hired to review and to flag out the issues. I suggest you go read more in-depth, rather than just relying only headlines of those paid subscriptions that go “will corporate lawyers be replaced by AIs soon?”
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