Comment by bjt

There are licensing laws already protecting the lawyers whose names appear on motions and briefs, but not much protection for the junior lawyers who will be impacted most. Big law, like the fancy consultancies, was historically built like a pyramid, with an army of 1st-3rd year associates doing due diligence and document reviews. The bottom was cut out of that in the 2000s by offshoring and automation. AI is contributing to another wave, but not dropping off a cliff.

https://fred.stlouisfed.org/series/IHLIDXUSTPLEGA