Read Keep Calm and Carry On, 27 Geo. J. Legal Ethics 55 (2014), by Rene ́Reich-Graefe of Western New England University School of Law, who takes on those who forecast a relentlessly negative future for the legal profession:
Somehow, in the current climate, it seems easier for lawyers and legal educators—to the point of complete hysteria and delusion—to embrace the purported ‘all-goes-to-hell’ status quo of legal education and the legal profession. Pessimists may love this stuff. As a collective response of our profession, however, it seems time—indeed way past time—to stop such nonsense.
Lawyer retirement, population growth, and wealth transfer, he says, are the ticket to future lawyer prosperity. Money quote:
[R]ecent law school graduates and current and future law students are standing at the threshold of the most robust legal market that ever existed in this country—a legal market which will grow, exist for, and coincide with, their entire professional career.
Not so fast, says Bill Henderson at Legal Whiteboard. Because technology.