AI Won’t Automatically Make Legal Services Cheaper
AI Snake Oil 5 months ago
A Harvard Law School essay argues that advanced AI will not automatically lower legal service costs due to three structural bottlenecks: unauthorized practice of law regulations, adversarial litigation dynamics that create cost arms races, and the limited speed of human decision-makers. The essay cites that partner hourly rates at large law firms exceed $2,300 in 2024, up 5.1 percent from 2023. For AI to reduce legal costs and improve access, the legal profession must enact reforms addressing regulatory barriers, adjudication processes, and the changing role of lawyers rather than relying on capability advances alone.