301: Stop Losing Billable Hours: How AI Simplifies Time-Keeping & Billing for Lawyers
Feb 4, 2025
auto_awesome
Nancy Jeng, co-founder of Billables.ai and AI pioneer in legal billing, shares insights on revolutionizing timekeeping for lawyers. She discusses how passive time capture can streamline tracking with zero effort, benefiting both billable and non-billable professionals. The conversation dives into the seamless integration of Billables.ai with popular platforms, the transformative impact of AI on legal billing practices, and the versatility of the tool across various billing models. Personalization and user adaptability are emphasized as key to effectiveness.
Billables AI automates timekeeping for lawyers, significantly reducing manual effort while capturing billable hours accurately and efficiently.
The tool's seamless integration with platforms like Clio and Microsoft enhances billing processes and provides tailored user experiences for various billing models.
Deep dives
The Advantage of Passive Timekeeping
Billables AI introduces a passive timekeeping solution that automates the process of capturing billable hours without user intervention. This technology leverages artificial intelligence to ensure accurate time tracking, adapting to individual preferences for describing billable activities. Many attorneys who have trialed the software have reported significant improvements in capturing additional time, effectively covering the cost of the software and generating extra revenue. This tool is particularly beneficial for lawyers who may struggle with traditional timekeeping methods due to the distractions of their working environment.
Seamless Integration and User Experience
The software integrates smoothly with popular platforms such as Clio, Microsoft, and Google, facilitating effortless time capture across multiple devices and applications. Users can quickly track activities from their emails, meetings, and various documents without needing to manually start or stop timers. This integration not only reduces the friction of timekeeping but enhances user satisfaction by streamlining the overall billing process. Additionally, the intuitive user interface promotes efficient navigation and easy approval of time entries, saving hours of administrative work.
Adaptive AI for Personalized Billing
Billables AI employs advanced machine learning techniques to tailor the billing experience to each individual user's style and preferences. The system learns how users describe their activities and generates detailed narrative descriptions that align with both their writing style and client expectations. This personalization facilitates more persuasive billing and reduces the time spent on revisions, ultimately enhancing clients' satisfaction. The platform is designed to evolve continuously, improving its recommendations and outputs based on user feedback and historical data.
Broad Applicability Beyond Hourly Billing
Despite being primarily aimed at hourly billing attorneys, Billables AI also offers value to firms that use alternative fee arrangements, such as flat fees or contingency billing. These firms can leverage the software to analyze time data that informs their pricing strategies and ensures they are adequately compensated for their work. By providing detailed insights into time spent on various activities, even non-billing attorneys can benefit from understanding operational efficiencies. This comprehensive approach positions Billables AI as a versatile tool for a diverse range of legal practices.
Nancy Jeng, co-founder of Billables.ai, reveals how passive time-keeping is changing the game for lawyers—capturing billable hours with zero effort and tailoring entries to your style. Learn how this AI-powered tool integrates seamlessly with Clio, Microsoft, and more, while offering surprising benefits even for lawyers who don’t bill for their time.
In this episode, you will hear:
The transformative power of AI in legal timekeeping and billing
Seamless integration of Billables AI with platforms like Clio, Microsoft, and Google
Automation of time capture processes for precise and efficient billing
Overcoming challenges in legal time management with AI-driven tools
Versatility of Billables AI for various billing models, including flat fee and contingency-based firms
Emphasis on personalization and adapting to individual user preferences in billing practices
We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.
Thanks to My Sponsor
Smith.ai
Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai, you’re hiring well-trained, friendly receptionists who can respond to callers in English or Spanish.
If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of.
And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai.
Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode