The American Lawyer Quotes Lorie Almon on AI’s Role in Law Firm Partnership Trends

The American Lawyer (Law.com) quoted Lorie Almon, chair and managing partner of Seyfarth, in its January 20 article, “As Sullivan & Cromwell and Skadden Move Toward Two-Tier Partnership, Competition and AI Could Boost the Trend.” The piece explores how increasing competition and the rise of generative AI are influencing law firms to adopt nonequity partner tiers.

Almon highlighted how AI is creating new opportunities for income partners: “I think AI provides lots of opportunities for the income partners who are on the trajectory of wanting to work toward equity partnership, because it opens the opportunity to be an expert in an area where no one has decades of experience,” she said, adding that these lawyers “aren’t doing routine and repetitive work” so their roles are being complemented, not replaced, by technology.

The full article is available here.