The Death of the Billable Hour

You’re drawing up an employment contract for one of your junior employees. You did the interviews, selected a young up-and-coming graduate from Duke, and drew up the boilerplate. You’re ready to hire, but before doing anything, you need to make sure everything is flawless. You call up the traditional law firm you hired back in February to get the contract reviewed. Their rate went up to $1,800/hour? That’s par for the course. Isn’t it? 

If you have legal issues in today’s world, you’re often between a rock and a hard place. Do you cough up the increasingly unaffordable prices for premier legal services at a traditional firm? Or, do you settle for the mid-level firm and risk sub-par legal service? 

For a long time the wisdom has been that with BigLaw firms, you get what you pay for. You get the prestige of a high-powered firm hiring from only the best law schools, and sure, you pay an arm and a leg and you might have to wait a couple weeks to hear back from them, but at least you don’t have to think twice about the product you receive. Right? 

Wrong. Billable hours incentivize inefficiency and slowness. A lawyer spending one extra hour on a project means the firm makes an extra grand, and the client, without choices, is forced to end up on the worse end of the bargain. But it really doesn’t have to be this way. 

Imagine for a moment you could pay a law firm $500 for a contract review and receive it in under three days. Now imagine that you could work with your legal counsel through Slack, which is what you use every day to communicate with your co-workers. 

Now, stop imagining. Go to general.legal. No billable hours. No $1,800/hr price tag. No cumbersome email threads. Just quality, affordable, efficient legal services. 

But why should you trust us? Because we do everything traditional law firms do, but better. We still hire top legal professionals. We still produce top quality legal services. The difference between us and them is in the process and the toolbox. While traditional law firms rely on outdated pricing models and remain technologically sluggish, we empower our lawyers with efficient working environments and our proprietary AI-linked technology. What takes them three days takes us three hours.

But how do you know the quality of the product is the same? Because real lawyers check the output at every level of the process. We just get it done faster and better. Not only do we complete legal service at ten times the rate of our traditional competitors, but using AI, our lawyers make fewer mistakes and produce more complete products. 

General Legal has already moved over $30M in revenue from traditional law firms, and we’re just getting started. The billable hour had a good run. Send us that employment contract and watch the billable hour die. We’ve got the popcorn.