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All of this can be called "legal services." But the extremes, you two are essentially talking about different markets. Corporate clients will continue to hire
by bgmasters 14y ago
All of this can be called "legal services." But the extremes, you two are essentially talking about different markets.
Corporate clients will continue to hire the best lawyers and pay high fees when and because the company is on the line.
Most individuals, on the other hand, do not need a Yale Law grad billing $900 an hour to set up a living trust or LLC.
Obviously there's a whole spectrum in between. Just flagging that "Tech will utterly destroy the legal industry" and "We'll always have top lawyers starting at $160K" may be talking past each other a bit.
- rayiner 14y agoI don't disagree re: two markets, but even leaving aside big corporate clients there are barriers to outsourcing work. Individuals tend to have one-off problems. They need someone to represent them in a divorce, they need someone to do a will, etc. It's not clear how some "law center worker" sitting in India is supposed to do those things. If there was a market for it, you think someone would have already set something like this up in Nebraska. You can't quite pay $2 an hour for Nebraskans, but you could probably pay $10-15 and get U.S. licensed attorneys in a cheap cost of living state. Heck, document review work in major metro areas these days only pays about $20-$25/hour and those jobs get tons of applicants.