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Time’s Up: Will Law Firms Say Goodbye To Billable Hour In The (Gen)AI Era?

Above The Law

In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legal services are delivered and will force law firms to re-engineer their legacy economic model.

Law Firms 111
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Time to Seek an Alternative Career?

The Estrin Report

But this time, youre asking yourself: Am I looking for the same thing again, or is it time for something different? The legal profession is a rewarding career path. But lets face it: for some, it has limits. Youre not likely to make partner unless youre already on that trajectory. And yes, there are salary caps for many roles.

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It’s An ALSP World And We’re All Just Living In It

Above The Law

At one point, early in the generative AI era, I wondered if developing this technology to essentially take over first-pass review and hand senior lawyers who view computers much like the Supreme Court views voting rights access to interrogate discovery materials might deal a devastating blow to the alternative legal service provider sector.

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The transformative impact of legal technology: Emerging trends shaping the future of in-House legal teams

LawVu

As a leading provider of legal technology software, LawVu maintains close contact with our customers and the broader in-house legal community, ensuring we are always aware of emerging trends and able to deliver on our mission, which is to support and accelerate the work of the worlds corporate legal teams.

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7 essential features of effective legal matter management software 

LawVu

Legal matter management software empowers in-house legal teams to streamline legal operations by standardizing workflows and processes, reducing manual administrative work, enhancing collaboration, and extracting crucial data and insights that help showcase the value that legal brings to the business.

Legal 52
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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

LawSites

VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents. Casetext, Spellbook, EvenUp, DoNotPay.com, Harvey.ai, Filevine, ailawyer.pro, Lexis, Westlaw, amto.ai, Better Legal, Paxton Legal AI.

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Without matter management technology, modern, data-driven legal leadership is a challenge

LawVu

The in-house legal profession is undergoing a rapidly accelerating transformation. Without an effective, well-implemented matter management platform, legal leaders will struggle to have the visibility and insights needed to accurately and effectively lead modern legal functions.