For decades, elite corporate law firms have relied on the billable hour to fuel profits. Can the model survive the age of AI?

New York-based startup Crosby’s AI agents and lawyers work together to review contracts quickly, billed by the page, for the ...

It will take about three minutes to read this column. Whether it’s worth three minutes depends on me, of course. I will do my best. But it also depends on you, on your attitude to time and, perhaps, ...

There is growing agreement across the legal industry that artificial intelligence may mark the end of the billable hour. When intelligent systems can complete discrete legal tasks faster, more ...

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Ah, the B-word. Attorneys have a complicated relationship with it. For many, it's the bane of their existence, but billables are also the holy grail of law firm profitability. The billable hours ...

Here lies the billable hour. It died a slow and predictable death, brought about by natural causes. The billable hour would have turned 100 in just a few years. Born in 1919, it is the offspring of ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Vendors that incur expenses in the course of providing a product and a service to another company or client often bill these expenses directly to the client when the contract or agreement allows. In ...

IMGCAP(1)]If you are a partner or manager in a small to midsize public accounting firm, you have undoubtedly faced the quandary of whether to spend more time on marketing or billable hours. Processing ...

The Billable Hour: Are Its Days Numbered? For about 50 years now, the billable hour has been the dominant feature of the legal profession. And for just as long, lawyers have been trying to kill it.

Toggl is a simple, cross-platform time tracking solution for individuals and groups. Tracking time spent and billable hours doesn’t have to be difficult, even if you work for multiple clients and not ...