I predict that by 2010, expense will force many of the nation's largest law firm radically to alter the lawyer-paralegal ratio. Hundreds of corporate clients intent on controlling high legal fees will drive this change. Consequently, we may see a new kind of law firm gain popularity: firms with more paralegals than lawyers. Even today, the law of paralegal economics sing a soothing tune to corporate America.
Copyright © 2002 Inside Business. This article first appeared in Inside Business: The Richmond Business Journal 8:21 (2002), 23.
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Taylor, Porcher L. "Can Paralegals Replace Corporate Lawyers." Inside Business: The Richmond Business Journal 8, no. 21 (2002): 23.