OUTSOURCING in the law firm world. This won’t help the higher education bubble, at least in the legal area. “With these trends, new law school graduates will face shrinking labor markets, especially at entry-level positions in big firms. But for the fortunate few who get jobs, their work could get better as outsourced labor performs some of the menial tasks that now account for most young associates’ billable hours.”

Plus this: “There is a wild card in all this: Small and mid-size firms with talented senior attorneys may find that these new pools of outsourced talent enable them to compete with the megafirms. Size may no longer be everything. In fact, it may not be anything at all.” Hmm. Where have I heard that before?