> The need for actual lawyers will persist I think
But will their glamorous salaries persist? That is the question that matters.
AI doesn't need to wipe out lawyers. If they just depress salaries enough, virtually nobody is going to want to be a lawyer anymore.
The salaries are a result of the insane hours they have to do. Biglaw needs to pay those salaries to keep getting young associates in the door because burnout is a real problem in the industry. If salaries were lower and hours/stresses were lower, you would probably still find people wanting to be lawyers. A different kind of person, maybe.
(Not that I think AI will necessarily have that effect. We just don't know yet)
It’s a professional organization that only allows so many people to pass the bar per year so I don’t see that changing anytime soon… if anything if they need fewer lawyers they will just pass fewer people to keep their wages high
Biglaw salary will probably keep going up for at least a decade. Some high street lawyers could be in trouble. Same story as before.