The Quiet Revolution: How AI and Client Pressure Are Reshaping Law Firm Billing
Source: Cityam For over a century, the billable hour has reigned supreme in the legal industry. This straightforward yet often contentious billing method has shaped everything from law firm culture to partner compensation models. Now, mounting evidence suggests we’re witnessing its gradual decline as firms increasingly pivot toward alternative fee arrangements. The Numbers Don’t Lie […]
The Hidden Value in Legal Work: Rethinking AI Automation
Source: Guardian In the rush to automate legal work, we’re missing a crucial distinction: not everything that appears manual is meaningless, and not everything that seems tedious lacks value. The legal technology industry’s narrative about freeing lawyers from “manual drudgery” often misses the mark on what truly needs automation. The False Dichotomy of Legal Work […]
The Inevitable Transformation of the Legal Industry
Source: Forbes The legal industry stands at an inflection point. Despite its reputation for gradual evolution, the sector is about to experience what Hemingway described through his character Jake Campbell: change happens “gradually and then suddenly.” This transformation is being driven not from within the legal establishment but from business demands, technology advancement, and new […]
Strategic Implementation of AI for In-House Legal Teams
Source: The Law Society In-house legal departments face mounting pressure to deliver faster results while maintaining precision and thoroughness in their work. The emergence of generative AI tools presents a strategic opportunity for legal teams to enhance their productivity without compromising quality. Transforming Legal Operations The reluctance of legal teams to embrace AI tools contradicts […]
The Fractional GC Revolution: How Companies Are Reimagining Legal Leadership in 2025
Source: hcrlaw The traditional model of a full-time General Counsel is getting a flexible makeover. As businesses face increasing legal complexity alongside budget constraints, a new approach is gaining momentum: the fractional General Counsel. Why Fractional GCs Are Rising The trend reflects a broader shift in how companies access top talent. Rather than committing to […]
AI in Legal: From Novelty to Necessity – D2LT Leaders Share Strategic Insights
Source: The Law Society In a landscape where AI adoption often feels like a race against time, D2LT’s CEO Akber Datoo and Managing Director Rachel Scanlon offer a refreshingly nuanced perspective on the transformation of legal practice through technology. The Evolution of Legal Expertise The role of lawyers is undergoing a fundamental shift. Beyond traditional […]
Big Law’s Merger Paradox: Why Bigger Isn’t Always Better
Source: Bloomberg Law The Surprising Data A comprehensive Bloomberg Law analysis has shattered conventional wisdom about law firm mergers. The numbers tell a sobering story about the real impact of these combinations over the past 15 years. Key findings: Why Most Mergers Stumble The analysis reveals several critical failure points in the merger playbook: The […]
Navigating the AI Compliance Maze: A General Counsel’s Guide to 2025
Source: trustpath In an era where AI is no longer just a buzzword but a business imperative, General Counsels find themselves at the intersection of innovation and regulation. The challenge? Turning AI compliance from a potential roadblock into a competitive advantage. The New Reality of AI Regulation The regulatory landscape is rapidly evolving, with the […]
Balancing the Billable Hour in the AI Era: Industry Leaders Weigh In
In a recent ILA roundtable, legal industry experts explored the complex relationship between AI implementation and traditional billing models, revealing key insights about the future of legal service delivery. The Billing Paradox Balancing the Billable Hour in the AI Era: Industry Leaders Weigh In In a recent ILA roundtable moderated by Damian Priamurskiy of Lowenstein […]
AI in 2025: The Gap Between Ambition and Action
The AI landscape in 2025 presents a striking paradox: while business leaders overwhelmingly recognize AI’s importance to their bottom line, many lack structured plans for implementation. A recent Dentons survey of 450 business leaders reveals that 63% operate without a formal AI roadmap, despite 74% viewing AI as crucial for revenue protection. The Investment Surge […]