Ruben Miessen, CEO of Belgium-based AI company Legalfly, predicts the billable hour will die in 2026, noting that generative ...

Transitioning to fixed or project-based pricing demands a thoughtful reengineering of how firms scope, staff, and sell their ...

The ability of AI to reduce the time required for certain legal tasks is exposing the legal profession's reliance on the ...

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 ...

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.

Billing by the hour has long been the standard pay arrangement between most lawyers and clients. That norm isn’t likely to end anytime soon, but more and more law firms are offering other payment ...

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 ...

As AI takes on more business processes, more businesses are having to rethink their approach to fee-charging. The reality is that many traditional time-based pricing strategies are becoming obsolete.

Is the billable hour dying? According to research from the latest Legal Trends Report, clients want modern payment options: over half of potential clients would prefer to pay their lawyers using ...

CPA Bret Pacheco Argues the Billable Hour Is Inherently Flawed. He Built a New Model to Fix It. Fueled by his own burnout and a family tragedy, Bret Pacheco’s fixed-fee practice prioritizes the human ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Trevor Varnes, who joined ...