Ed. note: Welcome to our daily feature, Quote of the Day.
When AI reduces the hours a matter requires, a profit model built on associate volume is more exposed. Our profitability comes from specialized expertise where clients are paying for judgment on hard problems, not for hours on routine tasks.
For some firms, AI may well result in pink slips falling from the ceiling. That will not be our experience.
— Danny David, managing partner of Baker Botts, in comments given to Bloomberg Law, concerning how advances in artificial intelligence may impact associate hiring trends across Biglaw, and at his firm specifically. David went on to say that “AI is the single best development for the careers of the next generation that has ever visited the Earth,” while noting that be believes AI has “already enhanced the career prospects of associates.”
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
The post This Biglaw Leader Thinks AI May Trigger Layoffs, But Not At His Firm appeared first on Above the Law.
Ed. note: Welcome to our daily feature, Quote of the Day.
When AI reduces the hours a matter requires, a profit model built on associate volume is more exposed. Our profitability comes from specialized expertise where clients are paying for judgment on hard problems, not for hours on routine tasks.
For some firms, AI may well result in pink slips falling from the ceiling. That will not be our experience.
— Danny David, managing partner of Baker Botts, in comments given to Bloomberg Law, concerning how advances in artificial intelligence may impact associate hiring trends across Biglaw, and at his firm specifically. David went on to say that “AI is the single best development for the careers of the next generation that has ever visited the Earth,” while noting that be believes AI has “already enhanced the career prospects of associates.”
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
The post This Biglaw Leader Thinks AI May Trigger Layoffs, But Not At His Firm appeared first on Above the Law.
