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5-10 years... "biglawyers" = lamplighters out of work
| Mainlining the $ecret Truth of the Univer$e | 07/18/25 |
| Drunkard | 07/18/25 |
| Mainlining the $ecret Truth of the Univer$e | 07/18/25 |
| Marauder | 07/18/25 |
| ( , ) ( , ) | 07/18/25 |
Poast new message in this thread
Date: July 18th, 2025 4:16 AM Author: Mainlining the $ecret Truth of the Univer$e (You = Privy to The Great Becumming™ = Welcum to The Goodie Room™) (http://www.autoadmit.com/thread.php?thread_id=5751717&forum_id=2Reputation#49111109) |
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Date: July 18th, 2025 4:23 AM Author: Drunkard God willing (http://www.autoadmit.com/thread.php?thread_id=5751717&forum_id=2Reputation#49111113) |
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Date: July 18th, 2025 4:53 AM Author: Mainlining the $ecret Truth of the Univer$e (You = Privy to The Great Becumming™ = Welcum to The Goodie Room™) Inshallah (http://www.autoadmit.com/thread.php?thread_id=5751717&forum_id=2Reputation#49111128) |
Date: July 18th, 2025 4:53 AM Author: Marauder nickel endimed (http://www.autoadmit.com/thread.php?thread_id=5751717&forum_id=2Reputation#49111131) |
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Date: July 18th, 2025 6:33 AM Author: ( , ) ( , ) What happens next though?
Clearly we still have lawyers and law firms, but perhaps the firm headcount drops to 10% the current headcount, and AI/software picks up the slack.
In that world, is the firm owned by just a handful of partners? Do law firms start to act like lean software companies? When does a U.S. firm IPO?
The counterpoint btw is that we just do a lot more work that was prohibitively expensive before. For example, I probably see 25+ cease and desist letters for every lawsuit, because letters cost $5-10k and lawsuits cost $100k to initiate and $5M+ to litigate through summary judgment. If cost of litigation drops [80%] people may file many more lawsuits. There could be an analogous dynamic on the corporate/business side. |