Looking 5 to 10 years on the road, it is predicted to be in the first pass review of documents is no longer seen as the practice of law, and subject to the same ethical standards and legal advice. This will be possible not only thanks to technological advances, but also the likelihood that the courts determine that the costs be too high, unless restrictions on what can be done by nonattorneys are relaxed. Once these activities are not profit centers for law firms, law schools are unwilling to fight this change, the reasons Ross.
In fact, this reasoning could reasonably lead to a copy of the continued expansion of the number of mega-companies. The global legal market could be at least four super-mega companies (consulting firms like Big 4), with a drastic downsizing of the other large law firms.
The leveraging of the profit centers such as changing the traditional pyramid model law firm for a diamond shape. Under this model, there would be fewer associates without experience at the bottom, a greater number of senior associates and partners non equity experienced in the middle, and a small number of equity partners at the top. In short: Why not emulate the mid-level companies for years have avoided the cost of training above all lateral hiring of experienced partner?
This new paradigm raises the question: Who will hire most of the initial graduates? Possibly, a system of exploitation of smaller companies and agencies will arise to develop promising talent. One can assume that these companies pay considerably less than the wages from large law firms.
Young Lawyers and Legal Education
Since companies pressure customers to reassign the tasks that could be said that can be done by nonattorneys, while requiring the most sophisticated work to do for senior partners, demand for recent graduates without experience will be severely restricted. Tighten to provide more value at lower cost, law firms cut wherever possible, including associated training costs. These factors will likely result in lower starting salaries to help defray the costs, while many graduates have educational debt monumental.
Graduates without practical skills necessary to deliver value to customers in the first day of practice will be at a severe disadvantage. This requires a rethinking of how long-delayed law students are educated and trained.
For too long, the curriculum of the U.S. legal insisted on the theory of practice. No wonder that graduates of law school often must take during your first week to see where the courthouse. A number of resources for it. Infusion ranging from first-year classes with practical research and writing rather than relying strictly on Socrates and the conference finals, the addition of a year requires a quarter of the school to focus exclusively on the skills clinics. Law professors need to understand the urgent need for change, and accreditation decisions should rest largely on the extent to which institutions are addressing this issue in a meaningful way.
