BREAKING
AI Climbs Legal Value Chain
Billing Power Under Pressure
From Junior Tasks to Expert Work
1
Document review
↓
2
First-draft memos
↓
3
Routine research
↓
4
Senior advice
Where the Savings Go
Old Model
Past
●
Tech lifted margins
●
Client bills unchanged
New Dynamic
Now
●
Clients see minutes not hours
●
They press for the difference
Upside vs Limits
Upside
●
Frees senior time
●
Focus on judgment
Limits
●
Hallucinated citations
●
Wasted-costs penalties
Sharpen the Hunting Spears
AI NEWS BLITZ
An FT Lex column warns AI is now targeting the work of senior lawyers.