This article correctly points out that pricing for legal services is undergoing a shift toward the true marginal cost for the service. So the law firm business model where much of partners’ profits are markups on simple, repetitive work done by junior associates is on its way out.

That said, the doom and gloom of this article (and much of the profession) is overblown. Maybe it’s because law is such a conservative profession, but any change is greeted as if it were the coming of the Four Horsemen. It’s as if the entire software industry spent its time worrying about how the internet was going to put Windows programmers out of business, instead of being excited about the opportunities it presented.

Major law firms are filled with smart and experienced lawyers who actually provide a lot of value to their clients. That value is still worthwhile--as the article points out, the rule of law is not going away.

As a law school student, I'm not (unduly) worried about this. Sure, there will be some winners and losers, but that’s what happens in business--and basically what this is about is that law firms are looking more like businesses. Why should I expect anyone to feel sorry for me because of that?