i don't think that's the point anybody is making. "good lawyers" is not the profession at risk here. a top tier courtroom lawyer won't be replaced by AI.
but how much of the revenue of the average law firm comes from that, vs the day-to-day "we need this relatively routine contract reviewed" sort of work?
> Instead, the job might be done by less expensive folks like paralegals.
So who is going to define your strategy, represent you in court, adapt the strategy to changing circumstances, negotiate with counter-parties on a mutually accepted settlement? A paralegal? An AI model? Please
Yes. And it would be the continuation of a trend that’s already been going on for two decades. When I started out as an associate at a fancy Wall Street firm, we had 30 people working on reviewing documents for this matter even that level of firm today would not be able to justify doing that anymore. We’re going to move from a pyramid model to more of a diamond shaped model with many fewer associated attorneys doing the legal research and information marshaling.