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Five Looming AI Disruptions for Lawyers
1 year ago
25
A tsunami of AI disruption is on its way to the legal space. It will affect my firm, and yours.
The threats are dramatic. We have somewhere between 3 and 24 months to change before we are forced to.
Our firm is preparing for:
1 - A seismic shift away from hourly rates as a business model
2 - Mass layoffs among in the associates in BigLaw
3 - Rise in Pro-Se rates
4 - Deregulation of law firm ownership
5 - Concentration of high-value work into soft skills
The time to take these changes seriously is now. There are great opportunities at hand. They will be obvious when they are here.
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