#billable-hour

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Law
fromAbove the Law
3 days ago

AFAs Are Great - But They Won't Stop AI Disruption - Above the Law

Adopting AFAs alone will not prevent AI-driven economic disruption; firms must redesign legal service delivery and pricing instead of merely replacing hourly billing with flat fees.
#generative-ai
fromAbove the Law
2 days ago
Law

Law Firms Prepare To Automate Themselves Out Of Their Own Business Model - Above the Law

Generative AI and technology pressure will force law firms to abandon the billable hour or radically change traditional billing models.
fromAbove the Law
5 months ago
Artificial intelligence

How AI Has And Will Irrevocably Change The Practice Of Law - Above the Law

Generative AI is poised to significantly disrupt traditional law firm structures by changing the way legal services are delivered.
more#generative-ai
Law
fromAbove the Law
2 months ago

Why Law Firms Are Moving Beyond The Billable Hour - Above the Law

The billable hour is becoming obsolete due to limited profitability, client friction, lawyer dissatisfaction, and accelerating legal technology like generative AI driving subscription, fixed-fee models.
Law
fromAbove the Law
2 months ago

Will AI Really Move The Needle On The Billable Hour? - Above the Law

AI will not significantly affect the dominance of the billable hour in law firms in the near term.
Artificial intelligence
fromAbove the Law
5 months ago

Billable Hour Dying So Slowly, You'd Think It's Billing By The Hour - Above the Law

The billable hour remains entrenched despite emerging flat fee alternatives.
Artificial intelligence pressures firms to consider alternatives to time-based billing, but transitions will take time.
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