AI transforms legal industry, automating routine tasks, potentially increasing lawyer value.
Generative AI is reshaping the legal industry, but experts believe it won't eliminate the billable hour payment model. Instead, AI will likely transform it by automating routine tasks such as document review. While this may reduce the total billable hours billed to clients, the value of a lawyer's time may increase as they focus on more complex, value-added services.
September 01, 2024
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