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Accounting and Financial Planning for Law FirmsFeaturesLaw Department ManagementLaw Firm FinancialsLaw Firm ManagementLaw Firm Marketing and Business Development

COVID-19 Downturn Likely Won't Impact Health of Law Firm Billable Hour

By Frank Ready
June 01, 2020

COVID-19 has already generated changes to the way law firms and legal departments engage with remote working platforms and e-billing and spend management tools. See, "Cash Crunch: COVID-19 Is Changing How Legal Uses E-billing Tech," Legaltech News.

But not even the economic downturn imposed by the virus may be able to take credit for eliminating the billable hour. While attorneys could be relying more on legal tech to help defray costs, transitioning to a new pricing infrastructure in the midst of so much uncertainty could prove to be a bridge too far.

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