Broadly hated by attorneys and shoppers alike, the billable hour has however confirmed to be extra resilient than cockroaches, Twinkies and people nonbiodegradable containers that you simply used to get fast-food eating places.
It looks like each time that there’s a serious disruption or occasion that threatens to upend the authorized business, it spells doom for the billable hour. However that might be extra out of hope than the rest. The billable hour survived the Nice Recession and the COVID-19 pandemic, regardless of many individuals pondering—or perhaps wishing—that it wouldn’t.
However with the arrival of generative synthetic intelligence instruments that may carry out duties in minutes however may take attorneys or authorized professionals hours, may we lastly see the top of the billable hour?
On this episode of the Authorized Rebels Podcast, Reid Trautz, a senior director of the Follow and Professionalism Middle on the American Immigration Attorneys Affiliation, talks to the ABA Journal’s Victor Li concerning the factor that so many attorneys and shoppers like to hate however can’t appear to stop. They focus on the billable hour and the way AI may—or may not—have an effect on it.
Need to hear on the go? Authorized Rebels is on the market on a number of podcast listening companies. Subscribe and by no means miss an episode.
Apple | Spotify | Google Play
In This Podcast:
Reid Trautz
Reid Trautz is a senior director of the Follow and Professionalism Middle on the American Immigration Attorneys Affiliation, the place he advises attorneys on learn how to enhance their companies and innovate the supply of authorized companies to their shoppers. Trautz is an elected fellow of the School of Regulation Follow Administration and is a Fastcase 50 honoree, which acknowledges innovators in authorized know-how. Trautz co-authors the Future Proofing column for ABA’s Regulation Follow journal and at present serves as chair of the Virginia State Bar’s Know-how and the Future Follow of Regulation Committee.
