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Peer Benchmark Report 2026

2026 Billables Benchmark: Capturing the Value of AI-Enabled Legal Work

As the efficiency gains that drive law firms to adopt AI collides head-on with the billable hour model, the profession stands in a paradoxical limbo where firms struggle to fully realize the benefits of AI. Sign up for early access to our new survey to see how pricing leaders navigate this paradox.

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Inside the pricing and packaging decisions for AI-enabled work of 200 U.S. law firm leaders.

95%

of firms say client demand for AI-enabled work rose over the past year

46%

of billable staff use AI regularly in client work on average, and no firm reports more than 75%

191 of 200

firms changed pricing and packaging in the past year to account for AI

64%

of firms kept or raised hourly rates, while 36% shifted to flat fees

51%

say their pricing has moved but still lags their AI investment

Take a Peek Inside

This report:

1
Tracks how widely law firms have adopted AI.
2
Discusses where and how client demand for AI shows up.
3
Explores the tension between AI efficiency and the billable hour.
4
Drills into how firms are experimenting with new pricing and packaging models.
5
Provides a maturity benchmark to see how your firm's response to AI's impact on the billable hour compares with peers'.
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Key Findings

Four Conclusions From 200 U.S. Law Firm Pricing Leaders

01

Client demand for AI has reached the negotiating table.

02

Firms protect the hourly model while carving out new AI revenue streams.

03

No standard pricing model has emerged for AI-enabled work.

04

Pricing lags AI investment, leaving value on the table for firms and clients alike.