This is the moment agencies have been dreading and denying in equal measure. The business model that sustained professional ...

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 ...

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 ...

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 ...

As with most things—it depends. "So how many hours is too many hours? Nobody can decide that for an individual," legal consultant Sharon Meit Abrahams said. Even David Sanford, chair of Sanford ...

Let's face it, the billable hour is archaic. It creates the wrong incentives, drives inefficiencies and no one likes it, no one. The lawyers who keep track of their time, often to the minute, and the ...

An 1,800-billable-hours cap among well-being recommendations in NYSBA report Law firms already struggling to meet client demand, boosting associate compensation amid a talent war (Reuters) - Is ...

I am enjoying the discussion going on these days about hourly billing.[1] Rachel Barnett of Brooks Brothers recently outlined a well-articulated view of the negatives of the billable hour. Colin ...

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

In our fourth excerpt from "The Curmudgeon's Guide to Practicing Law," Jones Day partner Mark Herrmann discusses billing time in a chapter called "How to Fail as an Associate": At this law firm, you ...