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My guess is that capable lawyer who will be able to spot hallucination and figure out key stuff missed by AI will be satisfied to earn $500K a year, not $5M, so
by piokoch 5mo ago
My guess is that capable lawyer who will be able to spot hallucination and figure out key stuff missed by AI will be satisfied to earn $500K a year, not $5M, so he will charge less. Those who charge $500/hr will simply extinct or will be a luxury used by very rich people for not particular reason, like the ones who buy other overpriced goods.
- htrp 5mo agojust a gentle reminder that most lawyers bill about 2200 to 2300 hours a year (at the top tier). Even at the crazy tier (no-life all work), lawyers generally don't exceed 3000 hours a year
- xrd 5mo agoI'm not saying a partner earns $5M, but that he is responsible for bringing that into the firm. I just don't understand how decision makers at a big firm are going to say yes to tech solutions when those solutions will kill the goose roaming their hunting grounds.