Further technological advances over the next decade mean that future skill requirements will change,” the report says.
“Some firms are already making use of virtual assistants to help clients and support in-house functions. However, the report finds that there is more the legal sector can do to automate other routine processes using robotics, algorithms and artificial intelligence. However, new, high-skilled roles have been created to develop and manage new technologies. The report estimates that technology has already contributed to the loss of more than 31,000 jobs in the sector but that there has been an overall increase of approximately 80,000, most of which are higher skilled and better paid.Īutomation opportunities have grown in the legal sector and robotic process automation has been maturing slowly over the last decade.
In terms of the former, to date automation has meant the loss of some, lower-skilled jobs such as legal secretaries. Spurred on by the quickening pace of technology, shifts in workforce demographics and the need to offer clients more value for money, this transformation will mean that by 2020, law firms will face a ‘tipping point’ and the need for a new talent strategy, with the report finding that “businesses must prepare effectively now so they are not left behind by the end of the decade.”Īutomation, changing client demands and the rise of millennials in the workplace will significantly alter the nature of talent required by law firms in the future, according to the report: ‘Developing legal talent. The Deloitte Insight report, which predicts “profound reforms” across the legal profession within the next 10 years, finds that 39% of jobs (114,000) in the legal sector stand to be automated in the longer term as the profession feels the impact of more “radical changes.”
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