Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
  • AI
  • Tech
  • Cybersecurity
  • Finance
  • DeFi & Blockchain
  • Startups
  • Gaming
Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Lawyers at Risk of Losing Their Jobs to AI by 2030

byEileen McNulty
December 5, 2014
in Artificial Intelligence, News, Tech
Home News Artificial Intelligence

As research into Artificial Intelligence progresses, we move closer to the possibility of a mechanized future where labour and services get replaced by sentient machines running on algorithms.

Latest in this list of such services that might be threatened by such replacement is the profession of Law. If a report by UK consultancy firm Jomati Consultants is to be believed, by 2030, the “economic model of law firms is heading for a structural revolution, some might say a structural collapse.”

It becomes obvious, which aspects of the profession are more likely to be automated. Research and fact finding jobs, which require lot man hours and focus and are prone to errors, will be likely to go. A workforce that works quicker in least modified of conditions with “less salary,’ is a catch. The Jomati report highlights that currently although a junior lawyer doing this kind of work costs $100,000 a year as opposed to an AI which would cost $500,000, with more competition the prices will go down. “Even at this price they would be worth the cost as they can work 24 hours a day, 7 days a week with no downtime, thereby eclipsing the chargeable hours of the most workaholic lawyers,” the report says.

“The number of associates that firms need to hire will be greatly reduced, at least if the intention is to use junior lawyers for billable work rather than primarily to educate and train them ready to become business winners,” the Jomati consultants predict.

A similar report published in predicted automation of 47 percent of US jobs in the next two decades. However, that report deemed lawyers at a low risk. Another report painted a similar picture in the UK job scenario, Motherboard points out.

 

Follow @DataconomyMedia

(Image credit: The Community – Pop Culture Geek)

Stay Ahead of the Curve!

Don't miss out on the latest insights, trends, and analysis in the world of data, technology, and startups. Subscribe to our newsletter and get exclusive content delivered straight to your inbox.

Tags: AIlawyers

Related Posts

UK Home Office seeks full Apple iCloud data access

UK Home Office seeks full Apple iCloud data access

September 2, 2025
iPhone 17 may drop physical SIM in EU

iPhone 17 may drop physical SIM in EU

September 2, 2025
Zscaler: Salesloft Drift breach exposed customer data

Zscaler: Salesloft Drift breach exposed customer data

September 2, 2025
AI boosts developer productivity, human oversight still needed

AI boosts developer productivity, human oversight still needed

September 2, 2025
Windows 11 25H2 enters testing with no new features

Windows 11 25H2 enters testing with no new features

September 2, 2025
ChatGPT logo fixes drive demand for graphic designers

ChatGPT logo fixes drive demand for graphic designers

September 2, 2025
Please login to join discussion

LATEST NEWS

UK Home Office seeks full Apple iCloud data access

iPhone 17 may drop physical SIM in EU

Zscaler: Salesloft Drift breach exposed customer data

AI boosts developer productivity, human oversight still needed

Windows 11 25H2 enters testing with no new features

ChatGPT logo fixes drive demand for graphic designers

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy

Follow Us

  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.