Lawyers are leaving law - Yup, big and small leave law because AI is taking their ability to earn away.

Lawyers are leaving law - Yup, big and small leave law because AI is taking their ability to earn away.

Snapshot is from Jamie Tso LegalQuants newsletter...one I actually read

He's echoing a trend I also encountered: a legal market contraction

Lawyers would not leave if demand for legal was booming.

The opposite: supply for legal is exploding and weirdly enough..

..lawyers are making it worse by leaving to start or join AI companies

Meaning more supply...

Remember I called Garry Tan from Y Combinator post deceptive...well its upgraded to a lie - https://lnkd.in/eqZDsmGw

To clarify: there is a layer in legal that can't be disrupted by AI because its subjective

Subjective matter is technically impossible for AI to process according to Demis Hassabis - https://lnkd.in/emcXxYGj

That layer does not expand nor contract (pardon the pun) and has remained stable over millennia

In short: a lot of objective legal work will be automated but that work was never core nor meaningful to the bottom line.

My message:

if you're really good at the objective part - leave

if you are really good at the subjective part - you'll be rich 💰

Personal note: I was good at the objective part 😇 | 20 comments on LinkedIn