ABA Journal: Legal Rebels cover image

Will generative AI (finally) spell the end of the billable hour?

ABA Journal: Legal Rebels

CHAPTER

Evolution of Billing Practices in Law Firms

Exploring the historical shift from flat fee schedules to billable hours, the chapter delves into the influence of accountants, legal developments, and the enduring nature of hourly billing in the legal profession. It also discusses the tension between time-based billing and value delivery, particularly in the context of immigration law's reliance on flat fees despite industry disruptions.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner