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AI Push Fails to Kill the Billable Hour,GC Retrospective Finds
Original: GC x AI Retrospective: The Billable Hour, Like a Twinkie, Endures
A retrospective on how general counsel are adopting artificial intelligence concludes that the billable hour is surviving the technology shift. Bloomberg Law reports that despite AI tools speeding up legal work, hourly billing remains the dominant model in corporate legal departments, much like the famously indestructible Twinkie. Legal observers continue to debate whether alternative pricing will finally take hold.
Why now: Ongoing debate in the legal industry over whether AI adoption will force law firms to abandon hourly billing.
Bloomberg Lawgeneral counselAIbillable hour
Evidence
- GC x AI Retrospective: The Billable Hour, Like a Twinkie, Endures · Bloomberg Law News
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