Comment by aidenn0
2 days ago
Probably dumb question:
Given that many lawfirms bill by the hour, are there incentives to make their work more efficient? I.e. if a firm were to adopt this tool, can they practically charge more per hour than a firm that does not?
Yes, they are not incentivized to adopt new technology in their current state. The senior partners don't want to wait around for the eventuality of charging more per hour. That's why Tritium is marked to in-house lawyers for now.
I talked a little about this back in September: https://www.legalinnovators.co.uk/post/legal-innovators-uk-t...
As a private practice lawyer in a tech-heavy firm, I can assure you that not all of us are stuck at the wrong end of that paradigm!