What are all the lawyers going to do when smart contracts automate Conveyancing and 80% of the grunt work performed by...

Conveyacing lol. Listen dude no one knows that word means. Please explain thi seriously

Your objections aren't particularly articulate.
>They DON'T solve coding errors, disagreement about the event that executes certain parts of the contract, disagreements about the sufficiency of services, disagreements about Oracle selection or Oracle sufficiency
These all relate to edge cases. It doesn't change the fact that the vast majority of the work can be automated. Just because some lawyers will be required to manage the edge cases doesn't change my point about a huge amount of conveyancing grunt work being automated.

Nothing, and they will
>This pleases the lawyer

All lawyers deal with are edge cases
>(and rich people who strategically litigate just to see what they can get, which won't be solved by smart contracts)

You didn't know they already outsource that to Pajeets?

I'm referring to conveyancing specifically which accounts for a huge volume of legal work.

Do you think the process of coding new, shiny smart contracts will be automated too?

Legal agreements are very complicated for sophisticated contracts.

And the inclusion of Oraclized events just raises the amount of work (and the technical requirements of the work) that goes into the contracts.

Brainlet lawyers may be phased out, not because the work isn't there but because they simply have nothing to offer.

The technical requirements of being a lawyer will increase

Personal injury lawyer here. I'm more concerned about AI, workplace automation and driverless cars.

Smart contracts not so much. Lawyers will still be needed to write them, and disputes will still arise, even if the execution is automated.

If 90% of car wrecks go away due to AI, while a good thing for society, will devastate my industry. Insurance adjusters and orthopedists will take a hit too. I'll start doing criminal work. That's not going anywhere.

Oh now smart contracts are making the lawyers redudant? Oh fuck this board is utterly low IQ since the last bull run.

1000$ EoY, right? Time is running out boyos.

Brainlet contra argument
>AI will right the smart contracts

Maybe I am a brainlet, bec I don't get your response. "Lawyers" is a wide and diverse field of people. Divorce and criminal lawyers don't give a fuck about smart contracts. As a personal injury lawyer, I don't think smart contracts will impact my practice at all. I think driverless cars will, assuming they become substantially safer than human drivers.

>Divorce and criminal lawyers don't give a fuck about smart contracts
Unless you have a smart contract based prenup that automatically distributes the assets along pre-agreed lines.

Prenups are rare. I don't think that will have a meaningful impact. Child custody can't be contracted. Divorce lawyers will be fine.

Charge even higher rates for remaining shot you still need them to do.

ill take these. op you are sold on tech snake oil. most contracts are basically already automated in that there are template documents and people just fill in their names and the date. do you even have a source that conveyance "accounts for a huge volume of legal work?" are you simply forgetting the entire fields of criminal defense and torts?

also, go ahead, walk me through how a smart contract would make an attorney obsolete in the case where i hire a contractor to build me a house but they fail to meet the deadline. walk me through from start to finish.

Who's going to negotiate the terms of the prenup or explain to the client the legal effect of the terms they are agreeing to? Not to mention, in most US States whether the party consulted with an attorney prior to signing the prenup is a factor in determining whether the agreement is enforceable. Like others said, future attorneys may need to utilize different skills, but the occupation/industry remains

>jobs are being automated or made obsolete
>cost of living is astronomically high
>third worlders with extremely low cost of living and internet access will devalue the wage for all online work to peanuts
>everyone is in massive debt
>widespread unemployment and underemployment already taking hold for educated first worlders
>wages are declining and benefits disappearing
>what used to be full time salaried positions are now becoming temporary gigs
What's going to happen?

Unironically national socialism

Bumping this thread as a soon to be law graduate. This is legimitaly something I am interested in

Pretty much this. People will attack conspicuous minorities instead of the people who are actually responsible. Same as ever.

Jews are conspicuous if you take the time to learn

UBI

Hopefully they all kys I fucking hate lawyers everyone I know who is one is a scumbag

I don't think it will change quickly enough to avoid something even worse than the great depression. We may have 20-30 years of terror and poverty before it gets implemented. By then it will be too late for most of us. And that's if it ever gets implemented at all.
Probably, it will be a slow slide into poverty like a failed state. All the money will leave and the masses will scrape in the dirt. You can't implement UBI if all the money has already evaporated.

will this affect construction niche lawyers

I like the sunshine on this picture. When I make it with Link I'm gonna be watching sunrises everyday

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And I'll be watching the sunrise until Link moons since I have to wake up for work every day at 5am. I do get a bi-monthly weekend though!

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