Early in my career, I was doing well at a midsized accounting firm. But one thing struck me as absurd. There was constant pressure on my team and me to hit a certain number of billable hours — a lot ...
For decades, the billable hour has been the legal profession's sacred cow—a billing model so entrenched that many lawyers can't imagine practicing without it. But as artificial intelligence transforms ...
As with most things—it depends. "So how many hours is too many hours? Nobody can decide that for an individual," legal consultant Sharon Meit Abrahams said. Even David Sanford, chair of Sanford ...
Lis Anderson is founder and director at PR consultancy AMBITIOUS, An experienced agency MD with 25 years in the communications industry. The billable hour—it’s long been the backbone of professional ...
Billable hours mean lawyers get paid more when they spend more time on work. But AI tools eliminate "tedious" work, which devalues the time lawyers spend overall, Bleich said. The billable hour's time ...
IMGCAP(1)]If you are a partner or manager in a small to midsize public accounting firm, you have undoubtedly faced the quandary of whether to spend more time on marketing or billable hours. Processing ...
An 1,800-billable-hours cap among well-being recommendations in NYSBA report Law firms already struggling to meet client demand, boosting associate compensation amid a talent war (Reuters) - Is ...
Let's face it, the billable hour is archaic. It creates the wrong incentives, drives inefficiencies and no one likes it, no one. The lawyers who keep track of their time, often to the minute, and the ...
Keith Halleland sent a ripple through the Twin Cities legal community last February when he and four lawyers, three consultants, and five staff members abruptly left Halleland Lewis Nilan & Johnson, ...
Law firms’ reliance on billable hours is hampering diversity and wellbeing, suggests INTA, but both sides of the profession must club together to enact change In-house and private practice counsel say ...