Moving beyond the billable hour requires more than negotiating new fee structures with outside counsel.
Ruben Miessen, CEO of Belgium-based AI company Legalfly, predicts the billable hour will die in 2026, noting that generative ...
Transitioning to fixed or project-based pricing demands a thoughtful reengineering of how firms scope, staff, and sell their ...
The ability of AI to reduce the time required for certain legal tasks is exposing the legal profession's reliance on the ...
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 ...
For decades, the billable hour has been the legal profession's sacred cow—a billing model so entrenched that many lawyers can't imagine practicing without it. But as artificial intelligence transforms ...
It seems like most discussions of law firm productivity these days – from Partners to paralegals – include references to declining billable hours, which are further extended into comments on declining ...
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 ...