Loading ...Shares don’t look that bad in the premarket. Course, they sucked yesterday when they shouldn’t have.
Never know with this stuff.
AI and the legal profession
No link as behind a paywall.
It feels, pleasingly, like a scene from a cerebral James Bond film, or perhaps an episode of Slow Horses. I am in a shadowy corner of a plush, buzzy Soho members’ bar. A mild December twilight is falling over London. Across the table from me sits an old acquaintance, a senior English barrister, greying, quietly handsome, in his mid fifties. And he wants to speak anonymously, because what he is about to say will earn the loathing of his entire profession.
Let’s call him James. I’ve known him for a few years, and over these years we’ve discussed all kinds of things, from politics to architecture to the misfortunes of Chelsea FC. We’ve also discussed technology and AI. James’s views of AI were always like his politics: centrist, clever, moderate, sceptical. But now that has changed. In the past few weeks James has come to believe AI will ‘completely destroy’ the law as we know it: wrecking careers, ending systems, making thousands jobless. And the Armageddon, he says, is coming faster than almost anyone realises.
As he sips an espresso martini, he prefaces his case with some context. ‘You saw the headlines about the Sandie Peggie case? Where the judge allegedly used AI? Well, believe me, this is just the beginning. AI is coming for us all.’
‘How?’
‘Last week we did an experiment, a kind of simulation. We took a real, recent and important case – a complex civil court appeal which I wrote, and it took me a day and a half. We redacted all identifying details, for anonymity and confidentiality, and we fed the same case to Grok Heavy AI. And then we asked it to do what I did. After some prompting, the end result was…’ He shakes his head. ‘Spectacular. Actually staggering. It did it in 30 seconds, and it was much better than mine. And remember, I am very good at this.’
He sits back, wry yet resigned. ‘It was at the level of a truly great KC. The best possible legal document. And all done in seconds for pennies. How can any of us compete? We can’t.’
He finishes his martini. We order two more. ‘With the right prompting, legal AI is now way ahead of people. Barristers or advocates who depend on giving legal opinions and have no client contact are already completely fucked. But more is coming.’
James believes AI will work its way up the legal hierarchy. First the gruntwork, then the drafting, the citation, the argumentation. Eventually the majority of legal jobs will be replaced. ‘Process lawyers are obviously doomed. AI will handle the most complex probate and conveyancing cases in seconds. The most complicated human skill will be,’ he chuckles, sadly, ‘to scan and digitise paper documents. Barristers will make arguments in courtrooms that are drafted by AI, and then people will wonder why they are paying human barristers £200,000, and they too will disappear.’
He concludes, pithily: ‘With rare exceptions, law is finished for almost everyone, maybe even the judges – as we’ve seen the past few days.’
I mention the problem of ‘hallucinations’ – when an AI model presents false or fabricated information as factual – and the need for a human face in court. The Sandie Peggie judgment allegedly contained AI-made errors. He waves this all away. ‘Temporary bugs and sentimental preferences. The economic argument is overwhelming.’
‘It was the best possible legal document. And all done in seconds for pennies. How can any of us compete? We can’t’
There is another obvious question raised here. If James can see what is coming down the line, why can’t everyone else? James knocks back his drink, and explains that the next generation of lawyers are being trained to believe they can use AI, without being replaced by it. They are comforted by the idea that AI is just another tool, like LexisNexis with better teeth. James is certain they are deluded. He says maybe 1 per cent of his peers have any idea what is about to happen.
He has another argument, even more pressing. ‘Lawyers are arrogant. Lawyers run the country. Keir Starmer is a quintessential lawyer. So these are people used to being respected, and they commonly have, let’s say, very high self-esteem. For them to admit they aren’t so special, at all, and that they can be replaced by a free robot, is going to be torture.’
I ask what he thinks this will do to his colleagues – psychologically, economically, emotionally. ‘At first, they will fight, like radicals. A losing battle. There will be attempts to outlaw the use of AI in various legal areas. But it won’t work, the economics will see to that. So lots of people who make a lot of money will, suddenly, not make that money. God knows what that might do to property prices, to politics, to all of us. Because it won’t just be the law.’
We are nearly at the end of our second martinis. I am now sufficiently unnerved to want a third. I look around at the sleek, clever people in this posh London drinking hole, with its elegant modern British art, its very excellent wine list. What happens when the ecosystem that supports all this – rich metropolitan people using their capable brains – is shaken to the core? Or collapses?
James seems surprisingly cheery, given his theme. ‘To be honest, a lot of lawyers deserve what’s coming. Too many of them are greedy, selfish – yet not self-aware. They create complexity purely so they can make more work for themselves. And activist judges are a curse, which will soon be lifted. Maybe in the end this will all be a good thing, even if 100,000 unemployed barristers will be…’ He laughs. ‘A bit destabilising. Think of an army of penniless, pompous, progressive lawyers – with nothing to do.’
The club is now loudly buzzing, and James is heading off for dinner with colleagues. ‘Obviously, I’m not going to say any of this to them. They would hate me. But someone has to be honest.’
I have one last question. Right now, young people are studying law, or considering doing so. Does James have any advice? He sits up, full of passion.
‘My niece is a lovely girl, really smart, great at school, and the other day she told me she wants to be a lawyer. And I thought, “Oh my God, my little niece wants to be a lawyer”, and I flat out told her. I said please do not destroy your life. Do not get into a lifetime of debt for a job that won’t exist in ten years. Or less.’
Armstrong.
Europe was talking about crashing the US stock market if Trump makes peace deal with Putin.
Martin Armstrong drops bombshell revelations in this exclusive 2025 interview: he personally drafted Trump’s secret Russia-Ukraine peace plan, warns that the EU has already secretly spent most of the $300 billion frozen Russian assets (mostly private wealth), predicts a major NATO false-flag in Q1 2026 to block US exit from the alliance, declares Europe the real enemy of peace, exposes the hidden $75 trillion natural-resource motive behind the war, confirms Washington is seriously discussing leaving NATO, reveals silver heading to $80 and gold exploding into 2027, and issues an urgent warning to move money out of Europe before capital controls, gold/Bitcoin bans, and the coming Eurozone collapse by 2030. A must-watch update from the legendary forecaster who’s been advising governments for decades.
SILVER…
another after hours raid in progress.
…lather, rinse, repeat.
(yawn)
goldielocks @ 19:15 yes, I’ve heard of that Metaverse thingy….
I understand they changed its name to Gitmo and that’s where trump is sending many crooked government “retirees” since there is a huge demand for Soylent Green labor. And each one is being provided a free 6x6x6 plot/cube to share and enjoy with those whose lives they helped to destroy. KARMA at its best! SNG
A Theme
Ford’s electric hopes unravel as it pulls the plug on battery-powered F-150 after $19.5bn loss
Ferrett, sounds like those guys and your Mom-In-Law need some good advice, and IMO this is as good as it gets
GET SILVER AND GOLD PHYZ….in hand… It’s the only thing that is NO gamble, and It and lots of honest effort and hard work have made my life Silverngold!
Ferrett
What was that called awhile back when someone started up computerized digital land and people were actually buying up pretend land? Metaverse or something. I wonder what ever happened to them? Maybe they all got beamed up in the computer cloud somewhere and living in digital houses now on their digital land.
Eeos
I fully understand It’s an illegitimate substitute for physical possession of silver… I was just commenting on what is the significance is of the spread when it either narrows or widens… once all the exchanges that are primarily paper exchanges blow up because of the lack of physical, all the futures are going to be just like the ETFs. I was just wondering, what can we surmise when that spread starts moving and One Direction or the other? If everybody asked for delivery at Comex, it’s gonna be the same thing as if everybody asked for delivery of the ETFs… The Market is putting a premium on the futures, but we may be getting close to the time where it’s not even warranted because there’s very little to back up those either…. I wasn’t really trying to make any point. I’m just kinda like throwing out the thought that has been floating through my head and let it float through somebody else’s head..lol
The $64m question is, is anyone else buying bitcoin?
Today’s news; “MicroStrategy bought 10,645 bitcoins for about $980.3 million, raising its total to 671,268 bitcoins worth $50.3 billion, with an average price of $92,124 each.” which, with the current price now $86,300, is an almost instantaneous loss of nearly $64,000,000. Saylor must’ve been taking lessons from that epitome of buy high/sell low traders, my mother-in-law.
Looks like the university shooting could be a inside job.
Cameras showed a shooter looking around at certain places that killed Ella Cook a 19 yr old conservative and another student unnamed and one of the very few conservatives at the college. I hope that sends a message to these kids about what kind of party they’re being brainwashed by. Another no action by demos of even warning the students allowing the shooter to escape then having the audacity to say they’re safe. No action, no remorse, then antagonizing waste of time remarks. From the looks of it someone with information of the targets and the inside of the school was not discussed.
Silver bullet
Eeos actually has a point They’re famous for pulling reverse splits on people. So if you own them at least check them often for any R/S coming up.
Hi Silver Bullet
You need to understand those ETF funds are fake. Stay away from ETF’s, they were designed to take your money and offload hot money chasing the PM’s if you ask me. If you want a real Silver investment just buy WPM, HL, and AG on the dips. I used to think HL was dog crap and they were faking it, but I’ve owned it for a very long time and many things change.
Shooting going on 20 minutes with 4 police at the scene standing around while the gunmen free to shoot unarmed citizens
In Australia except for one man not born there with a mid east name who took action disarming one of the shooters. Here you can see shooters freely walking around shooting unarmed people while a woman is comforting someone’s child at what looks like a child’s play area.
Silver
Around its high of the day at SM close.
That almost never happens.
Maddog
Yeah, who knows what games are being played in the silver market? Is it possible that some producers are beginning to hedge?
Regardless, silver is picking up steam now that the Crimex is closed. Pretty sure this is not the action they were looking for when they raised margin requirements to $20K.
That rumor of the EU wanting to dump our bonds has been floating around and doesn’t want to die. Makes me think there’s truth to it. The EU would destroy Europe if they were to do that, the repercussions would be devastating, especially for Germany. Course, the dollar would suffer big time, and the Fed would be fighting to keep rates from exploding. Hard to imagine a more bullish scenario for gold.
It can’t be long before the world collapses into total chaos can it?
$199 Tesla Pi Phone Ends Monthly Bills Forever – Here’s How It Works
Ooops….that is bollox according to Grok….apologies
From Grok
.
No, Tesla is not about to release a phone—let alone one with lifetime access to Starlink. This is a persistent internet rumor and hoax that has been repeatedly debunked throughout 2025.
Why It’s Not Happening
No official announcement: Tesla’s website, investor materials, and Master Plan updates mention nothing about a smartphone. Searches on tesla.com only reference using existing phones as keys or for Bluetooth connectivity.
Elon Musk’s statements: Musk has explicitly denied plans for a Tesla phone multiple times, including in 2024–2025 interviews (e.g., on Joe Rogan: “No, we’re not doing a phone”). He has said Tesla would only consider it as a last resort if Apple/Google blocked Tesla/X apps—not as a proactive product.
Recent developments: SpaceX is advancing Starlink Direct-to-Cell (partnering with carriers like T-Mobile for satellite connectivity on existing phones), but this works with standard smartphones—no need for a Tesla-branded device.
Buygold…not sure what the shorts are trying to do …….this Silver battery news is real…here is another article
confirming Samsung has cracked Solid State and will be investing $ 52 billion in the Tech…..1000 mile range and 9 minute charging…
What is truly amazing here is that the TA supports a massive AG bull to crazy prices…..this is TA heaven…a chart that says something can happen gets supported by events….
There’s about a six dollar spread between SLV and the spot price… Does anyone care to offer an interpretation of that?… Used to be a lot lower, but it seems to stay fixed around 10%
Maddog
Ps end result,Fed alone not the only thing that will drive prices higher on the manufacturers products they make. It’s going to be multi reasons
Maddog
I’m.glad they’re bigger buyers in the market cuz here’s what I see..
They put a margin on silver after China announced they’re restricting their exports of silver. So they’re thinking oh good, buyers can’t just move to buy.from.China. London already drained China last time and theyre now supposed to what buy back at higher prices with their margins if they needed it themselves? They’re going to stop their exports and increase their own supply and there will be no next time. I could make a bet that if China said the same for gold they would be putting margins on gold too sooner than later.
Maddog – they’ve completely reversed gold now from up $45
I guess they have to do that to create the “double top” theory on the charts – reverse the high.
But they raised the margins on silver and not gold?
There’s absolutely no attempt to cover up their manipulations anymore.
Hope those charts of the AU/GDX come to fruition. The shares should be roaring right now.
desperate
to get Silver down here……..
Feels like a gun battle at the OK Corral