✉news BusinessStartups first seen 2 d ago, last 1 d ago, peak #1
Falcon raises funds to end the billable hour
Original: Law Firm Startup Falcon Raises Money To ‘Bury the Billable Hour’
Law firm startup Falcon has raised new funding as it works to replace the billable hour, the traditional way lawyers charge clients by time spent. The company says its model aims to price legal work differently, and the raise is drawing attention in legal and startup circles as a challenge to long-standing law firm billing practices.
Why now: The funding round puts a spotlight on growing pressure to reform how law firms charge clients.
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