The Billable Hour: Are Its Days Numbered? For about 50 years now, the billable hour has been the dominant feature of the legal profession. And for just as long, lawyers have been trying to kill it.
Generative artificial intelligence is revolutionizing industries across many sectors, and the legal world is no different. The AI boom has reignited the long-running debate over the potential death of ...
As expected, several large law firms have fallen in line with the associate bonus scale set by Cravath, Swaine & Moore this week. But some associates need to work harder to earn their reward than ...
Las Vegas lawyers invest time for LEED accreditation (3-20-2009) Long arm of the law wouldn't fit in his office (11-6-2008) The billable hour, long the lawyer’s friend, is facing a tough challenge ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Christmas approached, lawyers at US firms across the City of London and Wall Street rushed to hit tough ...
The future of the billable hour is simple. There isn’t one. OK, let’s not get too excited. When I say that the billable hour has no real future, I mean as it is used now — as a stopgap to keep our ...