Billable Hours Rise in Big Law as AI Savings Unclear
Bloomberg Law column questions client drive to drop hourly billing amid AI efficiency expectations.
TLDR
Bloomberg Law published a column by Roy Strom that asks why clients still want to move away from the billable hour model. The piece points out that hours billed at large firms have increased even as lawyers adopt AI tools expected to improve efficiency. It frames the lack of visible cost reductions as an open question for firms and their clients.
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