SignalCorporate
Baker McKenzie Looks to Abandon the Billable Hour as Default
Baker McKenzie abandoning billable hour signals major law firm pricing model shift.
Context
What happened: Baker McKenzie is moving away from billing clients by the hour as a default, a shift the firm links to artificial intelligence reshaping payment structures in the legal industry.
Why it matters: The change signals that AI is upending traditional billing models at major law firms, altering how legal work is priced and paid for.
What changed
Baker McKenzie is moving away from billing clients by the hour as a default, a shift the firm links to artificial intelligence reshaping payment structures in the legal industry.
Why it matters
The change signals that AI is upending traditional billing models at major law firms, altering how legal work is priced and paid for.
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Nov 14, 2026 11:03 AM ET