Armies of Expensive Lawyers, Replaced by Cheaper Software - NYTimes.com: "Quantifying the employment impact of these new technologies is difficult. Mike Lynch, the founder of Autonomy, is convinced that “legal is a sector that will likely employ fewer, not more, people in the U.S. in the future.” He estimated that the shift from manual document discovery to e-discovery would lead to a manpower reduction in which one lawyer would suffice for work that once required 500 and that the newest generation of software, which can detect duplicates and find clusters of important documents on a particular topic, could cut the head count by another 50 percent."
"...Think about how much money had been spent to be slightly better than a coin toss.”
Watch out, upcoming lawyers...!
Monday, March 07, 2011
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