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AI and the Future of Legal Work
This chapter explores the influence of generative AI on the legal profession, examining its potential to replace certain tasks performed by human lawyers. The discussion highlights the varying degrees of impact across different legal roles, emphasizing that while AI can alleviate mundane tasks, it allows lawyers to focus on higher-level advisory work. Additionally, there is a deep dive into the ongoing debate surrounding the traditional billable hour model versus emerging flat fee structures in light of changing client expectations and technological advancements.