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From corporate law to practice management, legal cases, legislation and in-house news. Legal Matters is the only trusted online news source in Scotland dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the Scottish legal industry.
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Recent Editions
Legal Matters
Scotland
As the costs of legal services soar, law firms are increasingly moving away from traditional billable hours to flat-fee billing systems. Research by Clio indicates that 54% of UK law firms expect fixed-fee billing to rise in the coming year. Sarah Murphy, general manager of EMEA at Clio, said: “Clients are pushing for more predictable pricing structures, and many firms are recognising that hourly billing doesn't always reflect the value of the work delivered.” The integration of AI into legal practices is a significant factor driving this change, with 62% of firms anticipating increased AI use. This shift aims to enhance client satisfaction and align with corporate budgeting needs, as general counsels express concerns over rising legal costs. Despite this trend, many top firms still maintain internal targets for billable hours, indicating a complex transition in the industry.
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