The rise of artificial intelligence could create ripple effects across the legal industry, and law school students could be kicked out of entry-level jobs before they even get a job, depriving them of the experience they need to become good lawyers. says a lawyer of more than 20 years.
“What worries me is that there are a lot of people who go out of law school and take out a lot of loans. ,” GenCo Legal founder Brian Rotella told Fox News. “I don’t know if anyone warned about it.”
As AI is increasingly embedded in industries such as healthcare, financial services, and the legal sector, Rotella says there are many ways the technology can be used to assist professionals. Used in law to draft and review contracts, scan documents, and conduct legal research, it dramatically helps increase productivity, reduce errors, reduce billable time, and reduce costs for clients. increase.
AI could make paralegals obsolete:
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“With all due respect, it’s really the more basic type of thing that’s been done by many paralegals over the last 50 or 60 years, not necessarily lawyers.
Further deployment of AI in these functions will increase law firms’ efficiencies and reduce costs, but Rotella believes that shifting these critical tasks to rely on technology will help law firms. He said he was concerned that assistants and younger lawyers would be deprived of the training they needed to gain experience.
“There is a myth of the packaged lawyer,” he said. “You know what we’re ready to do when people get out of law school? If they’re lucky, they can’t pass the bar exam and become a lawyer.”
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“You’ll come out to people, pass the bar exam, and find out that the job that the law firm is hiring them for, actually AI, is better than them,” he added. When will they have the years and years of experience they need to grow professionally?”
More than 115,000 students will be attending law schools in the United States in 2022, roughly 1 in 10 lawyers practicing in the country will be a law student.law firm too began to shrink the workforce Declining demand for legal services, rising costs, and a difficult economic environment led to
Rotella, who specializes in providing personal advice to companies, said law firms could reduce the need for paralegals to perform labor-intensive, entry-level jobs, allowing fresh graduates to He says it can be difficult to get a job. He predicted that this development could seriously affect the number of law students.
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“Maybe this is a good thing,” he said. “Perhaps a lot of people who take out loans and go to law school end up right-sizing things that they wish they hadn’t gotten out of hand.”
“Maybe it’s going to rethink who actually wants to make a career out of being a lawyer compared to going to law school because they want to do something after college. I guess,” Rotella added.
To see Rotella’s full interview, click here.