Legal Billing Rule #1: The Longer You Wait, the Less You’ll Get Paid
Ridiculously Remarkable Legal Billing - Free E-Book. The following post is an excerpt from our free e-book, Ridiculously Remarkable Legal Billing. When you don’t...
AI won’t kill the billable hour in the legal world — it’ll just reinvent...
• Generative AI is transforming the legal industry, but attorneys say the billable hour is here to stay.
• Instead, they...
Lawyers told to reconsider hourly fees
Customers are pushing accountants and lawyers to move away from "billable hours" if they want to stay relevant in 2030, as a shift in...
Billable Hour Dying So Slowly, You’d Think It’s Billing By The Hour
Death, taxes, and the impending demise of the billable hour. Every year, we hear about killing the billable hour and every year, it lives...
What are the Going Law Firm Rates by Practice Area? (USA)
What rates can corporate counsel expect to spend for outside counsel by practice area? The chart nearby, while complex at first glance, encompasses an...
Your Clients Are Not Stupid; Stop Rate-Hiking as if You Think They Are
Historically, firms were able to increase their hourly rates each year like clockwork. However, since the 2008 recession, clients really have begun to question...
How Bad is Your Legal Billing Problem?
Over the past six years we’ve worked with thousands of law firms. These firms vary widely in terms of size, practice area, and geographic...
Be Reasonable, People! AI’s Impact on Legal Fees
The “AI efficiency paradox” lies at the heart of this issue. As AI becomes better at automating legal tasks, it becomes less justifiable to...
Which Law Firm Wins the Business?
Let's say, a business needs some assistance prosecuting a simple trademark application, she will likely search for qualified lawyers to work with. Assume she’s...
Legal Billing Rule #13: Make Small Improvements Each Quarter
Don’t try to introduce new changes to your office practices all at once. Instead, incorporate a couple every quarter, starting with the most important...
The Future of the Legal Profession: Beyond the Billable Hour.
The next chapter of law will favour those who can preserve judgment, absorb technology and demonstrate that legal is not merely a brake, but...
Fully Fixed-Price Legal Services: How Your Firm Can Make the Switch
There is a huge interest in fixed-price legal services. We have new clients asking us for specific costs daily. According to recent research, two out...
