3 ms·
Seems like the company could perhaps switch its focus to markets where these are allowed?
by asvitkine 4y ago
Seems like the company could perhaps switch its focus to markets where these are allowed?
- idkyall 4y agoIt's sort of a catch-22, Law in the US is only a lucrative market to disrupt because the regulation and gatekeeping has made labor expensive. If lawyers didn't bill 300+/hr in the US, then an AI powered startup to replace them wouldn't be cost effective. There's a joke I saw recently about a guy hiring a lawyer for a $800 traffic violation and getting a bill for $1200. I can't speak to the price of a lawyer abroad, but a quick google seems to indicate US lawyer salaries on avg are up to ~2x as much as in some parts of Europe[1][2]. [1]https://www.legalcheek.com/2020/12/revealed-the-eu-countries-where-lawyers-earn-the-most/ https://www.legalcheek.com/2020/12/revealed-the-eu-countries... [2]https://money.usnews.com/careers/best-jobs/lawyer/salary https://money.usnews.com/careers/best-jobs/lawyer/salary