AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
Best of 2023: On Taking Typing out of Litigation (Automating Legal Drafting with AI) Nathan Walter (CEO Briefpoint)
Technically Legal - A Legal Technology and Innovation Podcast
Efficiency Tools vs Hourly Billing
Efficiency tools in the legal sector challenge the traditional hourly billing model, revealing a disparity in how attorneys bill clients versus how much work is actually accomplished. Corporate clients often employ legal analysts to scrutinize and cut down billed hours, meaning attorneys do not receive full compensation for their time. Many billable-hour attorneys are overwhelmed and prefer to focus on more creative aspects of their work rather than routine tasks. Tools like Brief Point not only simplify the discovery process but also help manage costs effectively, making attorneys more attractive to clients. As in-house counsel become aware of the use of efficiency tools, they may impose stricter budgets for tasks like discovery, leading to negotiations on billing practices. Consequently, attorneys leveraging advanced technology can better align their services with client expectations and budgetary constraints, enhancing their competitiveness in the legal market.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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