UK Law Firms Anticipate GenAI to Decrease Dependence on Billable Hours

A recent survey indicates that a majority of large law firms in the United Kingdom are anticipating a shift away from the traditional reliance on billable hours, brought about by the introduction of generative artificial intelligence, or GenAI. According to the figures, 14 out of the 26 firms surveyed expressed the belief that this new technology will indeed reduce their dependence on billable hours, while only two firms went on record to disagree. Meanwhile, ten firms maintained a stance of uncertainty, stating it was either too premature to form an opinion or they simply did not know. More details on Law.com.