Why the Billable Hour Persists and How Litix Is Changing It

In our last post, we looked at the unsustainable trends in legal services: since 1977, legal costs have outpaced inflation by 4.5x, public trust in lawyers has dropped by half, and access to justice has collapsed. To reverse this trend, the traditional hourly billing business model needs to evolve, and for this to happen we need to understand where this model came from, why it persists, and how…