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by rayiner
19 days ago
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That’s almost certainly going to be the case. For example, I have been extremely negative on tech in the legal sector. Until now. AI as it exists now allows me to do stuff that in the past I would’ve delegated to an associate. Even if we’re nearing a plateau I can see it enabling cutting a team of 4 people to 3 people. (For whatever reason, AI for legal is quite far behind AI for coding in terms of force multiplication. But it’s genuinely useful, unlike almost all previous legal tech.) The efficiencies mean that firms are just going to cut the size of entry level lawyer classes. History shows that those people aren’t going to get comparable jobs, ever. The pyramid will become narrower, and more and more returns will flow to the folks at the top whose job is less wrangling the law and facts and more dealing with the human factors of client relationships. I see that happening all over the white collar world. |
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