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Say goodbye to the billable hour, thanks to AI
Rita Gunther McGrath (@rgmcgrath) is an academic director in executive education at Columbia Business School and author of “Seeing Around Corners: How to Spot Inflection Points in Business Before They ...
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 ...
BOCA RATON, Fla.--(BUSINESS WIRE)--Rocket Matter, a leading provider of legal practice management software, today announced Rocket Matter Track, a new time tracking feature designed to help law firms ...
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.
"The client, for the first time throughout the whole meeting, leaned forward and said 'Tell me more,'" said one attorney experienced with pro bono growing her business. In 1992 the Florida Supreme ...
For something that has exhibited such staying power, the legal industry seems to enjoy regularly forecasting the demise of the billable hour. Time and again, people have predicted the its death, only ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Natalie Musumeci Every time Natalie publishes a story, you’ll get an alert straight to your ...
Law firms’ reliance on billable hours is hampering diversity and wellbeing, suggests INTA, but both sides of the profession must club together to enact change In-house and private practice counsel say ...
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