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AI is transforming legal fees: Here's what it means for you
Business
AI is shaking up the legal world by automating work like research and drafting, making it tough for law firms to keep charging by the hour.
Now, clients want pricing that's clear and based on real value—not just time spent.
Generative AI is saving lawyers over a month of work
With generative AI saving lawyers over a month of work each year, many firms are moving to flat or hybrid fees for routine tasks.
Hourly rates still stick around for more complex advice, but change is in the air.
If you're ever in need of legal help, expect more upfront certainty on costs
As AI spreads, law firms—big and small—are being pushed to offer faster service at predictable prices.
That means if you ever need legal help, you'll likely see more upfront certainty on costs and fewer surprise bills.
The future looks a lot more transparent (and less stressful) for anyone needing a lawyer.