I've practiced law under the heavy hand of the billable hour for 14 years, first as a Biglaw associate and then in-house as a Biglaw client, and have seen firsthand its negative impact on lawyers and clients alike.
The entire system perpetuates unfairness, overwork, and inefficiency. Law firm associates are compensated and promoted based almost purely on hours billed, causing them to work ungodly hours, often with detrimental consequences to their health and well-being.
Equity partners are paid millions of dollars yearly for working associates and non-equity partners to the bone, all to the disadvantage of clients and salaried lawyers.
My perspective is not unique to my experience at Visa. It's no secret that any successful busi...
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