Roy Strom column questions client push to replace billable hours given AI efficiency beliefs.
Bloomberg Law posted a column by Roy Strom that directly questions why clients want to move away from the billable hour. The text notes that many clients expect AI to increase efficiency at large law firms. It presents this expectation alongside the fact that billable hours have risen. The post links to the full column on the Bloomberg Law site and frames the piece as the latest entry in the Big Law Business series. No further details on client actions or firm responses appear in the supplied posts.
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Roy Strom column questions client push to replace billable hours given AI efficiency beliefs.
Bloomberg Law posted a column by Roy Strom that directly questions why clients want to move away from the billable hour. The text notes that many clients expect AI to increase efficiency at large law firms. It presents this expectation alongside the fact that billable hours have risen. The post links to the full column on the Bloomberg Law site and frames the piece as the latest entry in the Big Law Business series. No further details on client actions or firm responses appear in the supplied posts.
Bloomberg Law@BLawWelcome back to the Big Law Business column. I’m Roy Strom, and today we question why clients want to ditch the billable hour if they believe AI will make Big Law more efficient.
Bloomberg Law@BLawWelcome back to the Big Law Business column. I’m Roy Strom, and today we question why clients want to ditch the billable hour if they believe AI will make Big Law more efficient.
