A tsunami of AI disruption is on its way to the legal space. It will affect my firm, and yours.
The threats are dramatic. We have somewhere between 3 and 24 months to change before we are forced to.
Our firm is preparing for:
- A seismic shift away from hourly rates as a business model
- Mass layoffs among in the associates in BigLaw
- Rise in Pro-Se rates
- Deregulation of law firm ownership
- Concentration of high-value work into soft skills
The time to take these changes seriously is now. There are great opportunities at hand. They will be obvious when they are here.
