Max Junestrand, founder of legal tech startup Legora, predicts a significant transformation in the legal industry due to AI by 2025. The article discusses how AI tools like Harvey are already revolutionizing legal work, with Junestrand suggesting that AI will handle up to 80% of junior lawyers’ tasks within two years. He emphasizes that while AI won’t completely replace lawyers, it will dramatically change their roles and workflow. The founder points out that AI’s ability to process vast amounts of legal documents, conduct research, and draft initial documents will increase efficiency and reduce costs. However, human lawyers will remain essential for complex decision-making, client relationships, and strategic legal work. Junestrand’s company, Legora, focuses on automating contract management using AI, demonstrating the practical applications already emerging in the legal sector. The article also highlights concerns about AI’s impact on legal employment, particularly for entry-level positions, but suggests that the technology will create new opportunities and roles within the legal profession. The key conclusion is that law firms and legal professionals need to adapt quickly to AI integration, as those who fail to embrace these technologies risk falling behind in an increasingly competitive market. The transformation is expected to benefit clients through reduced costs and faster service delivery while requiring lawyers to develop new skills in AI implementation and oversight.
Source: https://www.businessinsider.com/max-junestrand-legora-founder-legal-tech-ai-harvey-2025-4