The math of a billable-hour agency business is straightforward and eventually limiting. Revenue is headcount multiplied by rate multiplied by utilization. To grow meaningfully, you hire more people, r ...
The price of a billable hour has risen by more than 10 percent in four years, as large corporate law firms focused on their most expensive work and saved clients' money elsewhere. The price of a ...
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 ...
A substantial share of every lawyer’s week is going somewhere other than billable client work. If those hours are being worked, why aren’t they billed? The firms pulling ahead are starting with the ...
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.
Early in my career, I was doing well at a midsized accounting firm. But one thing struck me as absurd. There was constant pressure on my team and me to hit a certain number of billable hours — a lot ...
Client belt-tightening and law firm expenses on collision course, report says DOJ officials report Jones Day, Williams & Connolly earnings 2026 previews for lawyers, litigation Jan 7 (Reuters) - ...
Georgetown Law's Professor Jonah Perlin joined Daniel Gold, Esq. and Brandon Mack to talk about how generative AI is reshaping legal practice and the economics of the profession. A legal writing ...
Most lawyers can skillfully handle stress. After all, we managed to make it through law school, bar exams, and our grueling early years of practice. We’re also used to high-pressure situations like ...
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