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BizportalEconomy

Investment in Legal Interns is Strategy, Not Nostalgia

Translated & summarized from Bizportal by baba

BusinessNeutral tone

Hebrew · 1 newsroom

Attorney Ilan Blumenfeld asserts that investing in legal interns is a strategic necessity for law firms, not mere nostalgia. He highlights the current generation's tech-savviness and the need to cultivate professional depth alongside AI tools. Blumenfeld advocates for longer internships and updated skill requirements, predicting AI will reshape the legal market and intensify competition for talent.

The story in 5 lines · by baba

  • Attorney Ilan Blumenfeld views investing in legal interns as a strategic necessity for law firms.
  • He stresses the importance of cultivating professional depth and critical thinking alongside AI tools.
  • Blumenfeld advocates for longer internships to ensure professional maturity and experience.
  • He suggests updating required skills rather than simply raising entry bar for legal profession.
  • AI is expected to reshape the legal market, intensifying competition for skilled professionals.

Attorney Ilan Blumenfeld, with over 20 years of experience in recruiting and training legal interns, argues that investing in interns is a strategic imperative for law firms, not a nostalgic practice. He notes that while each generation claims past interns were better, the current generation brings valuable curiosity and technological flexibility. The challenge, Blumenfeld explains, is transforming easy access to information into professional depth, especially with AI capable of generating sophisticated answers without true understanding.

Blumenfeld emphasizes that a candidate's character and capabilities are more significant than their academic institution's logo. He believes commercial law requires curiosity, thoroughness, resilience, and trust-building, focusing on a candidate's long-term potential rather than just a successful interview. He suggests academic institutions should train students to use AI tools intelligently, critically evaluating sources and thinking independently, rather than relying on them blindly.

He advocates for a longer internship period, stating that professional maturity takes time and cannot be rushed, even as AI shortens core tasks. Blumenfeld describes his firm's on-the-job training approach, integrating interns into client calls, due diligence, contract drafting, and negotiation preparation, ensuring they understand the 'why' behind tasks. The firm also offers a "Barnea School" to expose interns to different legal departments, highlighting the interconnectedness of commercial law.

Regarding raising the bar for entry into the profession, Blumenfeld cautions against simply increasing passing scores for bar exams. He suggests that if AI reduces entry-level positions, law might attract fewer candidates. Instead of raising the bar, he proposes updating the required skills to attract and retain the right talent. He predicts that AI may lead to a smaller legal market with intensified competition for talent, where understanding the business, identifying risks, and providing expert advice will be paramount. Blumenfeld concludes that while technology will evolve, the need for trustworthy legal professionals will remain, making the investment in training them a crucial strategy.

BizportalOther · Tel Aviv

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