Yhn TechnologyAI first seen 14 h ago, last 15 min ago, peak #9
Clients Push Law Firms to Share AI Efficiency Savings
Original: As A.I. makes law firms more efficient, clients ask: 'Where's my discount?'
A New York Times DealBook piece examines how artificial intelligence is making law firms more efficient, cutting the hours needed for research and document work. Clients, who traditionally pay by the billable hour, are now demanding discounts reflecting those savings, while firms worry about losing revenue and grapple with whether the century-old billing model can survive automation.
Why now: The billable hour is the legal industry's core business model, and AI threatens to upend it, prompting debate over who captures the efficiency gains.
New York Timeslaw firmsArtificial intelligence
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Evidence
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