Moving beyond the billable hour requires more than negotiating new fee structures with outside counsel.
Rimon Law managing partner Juan Zuniga predicts that, aided by AI, the percentage of global revenue that arrives via ...
Ruben Miessen, CEO of Belgium-based AI company Legalfly, predicts the billable hour will die in 2026, noting that generative ...
The ability of AI to reduce the time required for certain legal tasks is exposing the legal profession's reliance on the billable hour.
Generative AI is transforming the legal industry, but attorneys say the billable hour is here to stay. Instead, they said the value of a lawyer's hour is likely to increase as AI tools help automate ...
Mark Doble is the Founder and CEO of Alexi, a legal intelligence platform helping law firms deploy AI on their own terms. There’s a common story in legal tech that the billable hour blocks innovation.
Early in my career, I was doing well at a midsized accounting firm. But one thing struck me as absurd. There was constant pressure on my team and me to hit a certain number of billable hours — a lot ...
The ability of AI to reduce the time required for certain legal tasks is exposing both the legal profession’s reliance on the ...
Billing by the hour has long been the standard pay arrangement between most lawyers and clients. That norm isn’t likely to end anytime soon, but more and more law firms are offering other payment ...