New Delhi, Aug. 9 -- For years, law firms have billed their services by the hour. Artificial intelligence is reshaping this model as the technology has shrunk the time taken for routine legal tasks. That is starting to change how much clients pay.

Artificial intelligence (AI) has reduced the time for research and documentation by 20-30%, and even more in big cases, according to law firms. Even clients have started demanding clarity on the use of AI-powered tools.

"Consider an arbitrator or a lawyer with 10,000 pages in a case, needing a chronology of events. Previously, this might have consumed a month. With Jurisphere (an AI tool), it takes under ten minutes," said Varun Khandelwal, founder of the Greater Noida-based platform offering ...