Does The Advance of AI Herald A 'Golden Age' for Legal Practice?

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A 2016 survey by Thomson Reuters, 'The Generational Shift In Legal Departments' highlights how unprepared the legal services industry is for the arrival, en masse, of this new generation in our workplaces. The report states that three quarters of the workforce will be made of millennials by the year 2025. It's important to bear in mind that they won't just make up 75% of the workforce but likely 75% of potential clients for legal service providers also. Criticisms of this new generation have included having a sense of entitlement, being quicker to move jobs rather than display loyalty and being much more sensitive to time and cost constraints than their preceding generation. I would argue that this new generation will drive even more change as clients or corporate colleagues than they will as lawyers.The practice of law runs on an archaic system which is characterised by time-consuming formalities, cautious advice and vast expense.

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