For lawyers, on the other hand, it’s much tougher to predict how things will be in another five to 10 years. On Friday, the speakers who took to the stage for the final day of Lawyernomics tried to look into the crystal ball and talk about where the legal profession is heading and how it might look in the not-so-distant future. (The ABA Journal is a media co-sponsor of the conference.)
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That’s assuming lawyers will still be lawyers by the time 2030 rolls around. F. Daniel Siciliano, a professor at Stanford Law School, argued that as law becomes more open-sourced and readily available to the general public, people will no longer need attorneys to tell them what the law is.
“In 15 years, two-thirds of lawyers won’t practice law, at least not the way they practice now,” Siciliano said. “Many won’t be lawyers at all.”
He pointed to research he has done where an immigration law office that relied more on technology and had fewer human employees (both associates and paralegals) was 10 times more profitable than an office that also relied on technology but had more humans. “Firms with margins to invest in technology will pull ahead of other firms,” Siciliano said.
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