Legaltech News

A new survey found that Am Law 200 firms expect to see an increase in alternative fee arrangements or modified billing as a result of generative AI. Still, the rising technology will likely deliver a greater challenge to the billable hour model in five years, rather than in the immediate future.

David Cambria, Managing Director, Legal Business Advisory, Epiq

“As the technology advances, the market remains ready, on one hand, to adopt those to drive change, but on the other hand, it is still figuring out what’s the best way to implement those tools on both sides of the aisle to understand its value and what is legal service delivery."

Read the full article here.


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Carrie Trent
Epiq, Director of Communications & Public Relations
Carrie.Trent@epiqglobal.com