Big Law’s Price of Progress: Sky-High Rates, Surging Revenues, and the AI Dilemma
The business of law is booming—at least on the surface. Fresh numbers reveal that America’s largest law firms are raking in double-digit revenue growth this year, powered by aggressive billing rate hikes. But behind the glossy financials lurks a balancing act: the cost of keeping both highly paid lawyers and cutting-edge artificial intelligence tools humming …
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