With the help of artificial intelligence, lawyers may soon charge $10,000 per hour. Sean Fitzpatrick, CEO of US data analytics firm LexisNexis, made this prediction during a panel discussion at Legalweek (...

With the help of artificial intelligence, lawyers may soon charge $10,000 per hour. Sean Fitzpatrick, CEO of US data analysis company LexisNexis, made this prediction during a panel discussion at Legalweek (...)

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Telegraph
With the help of artificial intelligence, lawyers may soon charge $10,000 per hour. Sean...

With the help of artificial intelligence, lawyers may soon charge $10,000 per hour. Sean Fitzpatrick, CEO of US data analysis company LexisNexis, made this prediction during a panel discussion at Legalweek (Business Insider). Currently, senior partners at some of the highest-earning law firms in the US charge nearly $2,100 per hour for their services. Fitzpatrick believes that lawyers will be able to further apply artificial intelligence to all aspects of their work, such as retrieving case laws more quickly, summarizing arguments, drafting and analyzing documents, and analyzing judges or opposing counsel. It can also automate monotonous tasks, giving lawyers more time to focus on the...