Firms that rely on the old-fashioned billable hour are in the minority compared to fixed fee, value pricing and other models.
LexHelp, a free iOS and Android app built by a practicing attorney, helps independent lawyers and small practices stop ...
A new report from Field Promax indicates that about three hours per day of a technician’s paid time aren’t being optimized.
Generative artificial intelligence is revolutionizing industries across many sectors, and the legal world is no different. The AI boom has reignited the long-running debate over the potential death of ...
Vendors that incur expenses in the course of providing a product and a service to another company or client often bill these expenses directly to the client when the contract or agreement allows. In ...
It will take about three minutes to read this column. Whether it’s worth three minutes depends on me, of course. I will do my best. But it also depends on you, on your attitude to time and, perhaps, ...
Ah, the B-word. Attorneys have a complicated relationship with it. For many, it's the bane of their existence, but billables are also the holy grail of law firm profitability. The billable hours ...
With the advent of aI, Businesses no longer know how to value a lawyers' work, since value can no longer be expressed by time ...
"Frankly, I do not give assignments to associates and junior partners who are not in the office at least 3 days a week," wrote one Am Law 100 practice leader. Tension is growing between associates and ...
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See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. For decades, IT services companies were built on the simple production ...