Tag: legal-economics
All the articles with the tag "legal-economics".
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The Quiet Extinction of Small-Stakes Legal Work
When people talk about AI replacing lawyers, they imagine the disruption hitting big-firm partners. The reality is much sadder and much more advanced: a generation of solo and small-firm lawyers are quietly running out of work, and almost nobody is writing about it.
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The Billable Hour Will Die in Transactional Work First. Litigation Will Outlast It.
Most predictions about AI and the billable hour treat the legal industry as a single market. It isn't. Transactional and litigation work are different businesses, and AI breaks them at very different speeds.