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Reply to "Will AI replace Paralegals?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Big Law partner here: at least in the near term, I think AI is going to make paralegals more not less important, since you need someone to verify whatever the AI outputs. Longer-term, it might replace all of us, who knows. Probably will. But one foreseeable medium-term future is a practice dominated by senior attorneys working with paralegals, and the junior/intermediate ranks largely automated away by AI. From a “will I have a job” perspective, paralegal seems to me as good a bet as any, particularly since you don’t need to incur massive loan debt like many lawyers do to take a shot at it. [/quote] I was going to say the same thing. For a ton of careers your ability to seamlessly utilize AI and its advanced functions will become the number #1 job skill since the experienced folk probably won’t become “fluent” but will absolutely tear you a new one if a junior person allows mistakes to slip through. [b]In theory, it may also impact the law firm business model if clients expect you to complete work 50%+ faster (though they may give you 2x the work).[/quote][/b] Yes to demanding more and faster. No to getting more money. Most likely lots of long term downwards pressure on billing hours and billing rates. [b]The clients with in house will use AI and eliminate a good chunk of work. [/b] The top of the pyramids with a large book will be okay for a while. The middle and lower lawyers will be cut to the bone. The current model is going away like secretary pools.[/quote] The problem with that logic is that there are large companies with tons of in-house attorneys, yet those same firms are also the biggest spenders on outside counsel. I don't quite get it other than lawyers are risk averse people, so if you give the Senior Counsel the ability to hire outside counsel they will always do it so they have someone to blame to cover their ass.[/quote]
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