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 ...
If you’ve ever hired a lawyer, you know the pain of the billable hour. You get the invoice, and it’s filled with charges like “0.1 hours to read an email” or “0.3 hours for a phone call.” I know this ...
LONDON, July 2 (Reuters Breakingviews) - Artificial intelligence promises to save time for white-collar workers. If true, that could be bad news for companies that bill clients by the hour. Law firms, ...
Steptoe will offer three tracks for its associates with separate billable hour budgets, starting at 1,800 and going up to 2,200 hours. Associates at the firm will also have an option for a reduced ...
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 ...
First-years at Ropes & Gray can now spend a fifth of their required billable hours exploring AI Plaintiffs' firm wins lead counsel bid after fight over press releases Objectors miss chance to ...
Commentary The Global Lawyer The Billable Hour Isn't Dead—AI is Just Teaching it How to Hustle As AI becomes faster, smarter, and sharper, billable hours need to find the same agility. 5 minute read ...
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With the rise of AI and the cost of lawyers going through the roof, law firms are rushing to change how they bill clients in ...