Billable hour

It has been blamed for blocking business development and for penalising efficiency, yet despite its drawbacks, the billable hour has managed to persist in the legal profession. Faced with spending cuts by clients, stiffer competition from upstart legal services providers, and the rise of automation andartificial intelligence (AI), law firms’ traditional model of the billable hour may have had its time in the sun.
Read more at Raconteur…


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