This is the moment agencies have been dreading and denying in equal measure. The business model that sustained professional services for decades—trading expertise for billable hours—is collapsing ...

For years, billable hours have been the industry standard for digital consulting. But as AI reduces manual effort, shortens delivery cycles, and increases reuse across projects, time spent is no ...

Holtzman Vogel instituted a new policy that will allow first-, second- and third-year associates to count up to 100 hours annually of AI-focused CLEs, workshops and case simulations toward their ...

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 ...

PITTSBURGH | While talk of the death of the billable hour at law firms may be premature, it's losing its luster as a mainstay of law firms' pay structure. Reflecting the change, New York-based Jackson ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

As expected, several large law firms have fallen in line with the associate bonus scale set by Cravath, Swaine & Moore this week. But some associates need to work harder to earn their reward than ...