#billable-hour

#billable-hour

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.

AI will not significantly affect the dominance of the billable hour in law firms in the near term.

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.