This is the moment agencies have been dreading and denying in equal measure. The business model that sustained professional ...
Dealbreaker on MSNOpinion
AI is killing the billable hour. The real question is what comes next.
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 ...
Opinion
20don MSNOpinion
Billed 12 hours for a few seconds of work: How AI is helping law firms overcharge clients
The ability of AI to reduce the time required for certain legal tasks is exposing the legal profession's reliance on the billable hour.
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 ...
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 ...
Hourly compression is only the first-order effect, James K. Dixon writes. Here's what law firm leaders should do to protect ...
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.
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 ...
CPA Bret Pacheco Argues the Billable Hour Is Inherently Flawed. He Built a New Model to Fix It. Fueled by his own burnout and a family tragedy, Bret Pacheco’s fixed-fee practice prioritizes the human ...
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