Because of automation, outsourcing, and more efficient management practices, the demand for lawyers is down, forcing many lawyers either to drop to lower rungs in the profession’s ladder or to leave the profession entirely for work in types of job which their human capital specialized to the practice of law has less, or maybe no, value to employers.
Judge Richard Posner articulates his views on automation & its impact on employment while Prof Gary Becker reckons that the future is dismal for workers with few skills. If you are concerned about your future or worried about the future that your kids face, have a read:
This is a provocative article. Gary Becker argues for an open market to sell one’s body parts. Did I just hear you cringe? Read before you make up your mind.