Law Firms Billing $10,000 an Hour Still Face Collapse in AI Era

Investor Turner Novak cited reports that law firm Weil is discussing liquidation and restructuring, questioning why firms billing up to $10,000 an hour can lose money as AI automates their work. A follow-up explained the classic collapse pattern: costly expansion, long-term commitments, and star partners walking out.

2026-10-28 ~ 2026-10-28 · 2 related posts

• VC wonders how law firms charging $10k/hour go bankrupt as AI automates the work — TurnerNovak · 2026-10-28
• A classic three-act tale of how law firms go bankrupt, explained — DenehyXXL · 2026-10-28