Billable Hour

The billable hour is a method of professional service billing where clients are charged for the actual time a lawyer or other professional spends on their case, typically in increments of six minutes.

Why it’s in the news: It is in the news because artificial intelligence is prompting a reevaluation of this traditional billing model, with some firms looking to move beyond it while others see it as a resilient practice.

Latest on Billable Hour

• AI Not Only Failed To Kill The Billable Hour, It’s Looking Like Its Bodyguard
• The Billable Hour, Legal Tech, And The ‘AI Efficiency Trap’
• AI-native patent firm Fearn launches to take on the billable hour
• The First 10: A Young Lawyer’s Blueprint Beyond The Billable Hour
• Biglaw May Want To Break Up With The Billable Hour Thanks To AI
• AI Is Killing Legal’s Billable Hour. It’s Also Repeating Its Worst Mistake.
• AI was supposed to dismantle the billable hour, but instead it's just become its most expensive enabler
• AI tools are being used to support and enhance billable hour work rather than eliminate it
• When the CIO signs off on an AI implementation that makes billable hours more profitable than ever

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