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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Biglaw is going to collapse in a decade or so anyway. Junior associates don’t want to work. Clients are tired of the high and bringing more work in house. Most firms don’t have a plan for AI. And leadership is still chasing PPP with their heads in the sand. [/quote] This was the prediction when I started practicing … in 2003. No one could believe back then that paying first year associates $125k was sustainable or that any partner could be worth $1000/hr. [/quote] Biglaw is fine. There will be enough associates that will work -- clients are not bringing most Biglaw work in-house. The whole goal of the elite Biglaw firms is to just end up with a group of firms that only do high end work. That will never go in-house. AI will take away a lot but not that. Clients will pay when it is a bet the company issue. Less associates for sure but Biglaw is not in trouble -- at least at the top.[/quote]
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