It might also become a race to the bottom, since you can’t deliver on quality better than others anymore, you’ll have to put effort towards quantity. That could mean firms might pressure lawyers to sign as much as possible in a given time, while they’re still personally at risk/responsible for the documents they put out. That means either very hectic reading, and missing details, or no reading at all.
*And like socializer said, the written documents are only one part of the job.
But then I looked into it and I see that you actually do have to go to certain schools to become a lawyer. Having the knowledge is not enough, you have to pass through the proper (and expensive) gates as well.
I'm not really surprised.