The ability of AI to reduce the time required for certain legal tasks is exposing both the legal profession’s reliance on the ...
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 ...
The real threat isn't AI itself; it's clinging to a pricing model that punishes efficiency and rewards inefficiency at the precise moment when technology offers unprecedented opportunities to deliver ...
For decades, law firm financial models have been built on a simple premise: people doing lots of work. The industry has functioned on the billable hour, where time is directly equated with money. It ...
The ability of AI to reduce the time required for certain legal tasks is exposing both the legal profession’s reliance on the billable hour to boost firms’ income and the unrealistic expectations that ...