Mathew Kerbis on the Billable Hour, Alternative Fees & Legal AI | ILTACON 2026
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Mathew Kerbis on the Billable Hour, Alternative Fees & Legal AI | ILTACON 2026
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At #ILTACON2026, Tim Kenney sat down with Mathew Kerbis, Co-Founder and CEO of Practi, to talk about one of legal’s longest-running headaches: the billable hour.
Practi is taking a different approach, focusing on 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗳𝗹𝗮𝘁-𝗳𝗲𝗲 𝗯𝗶𝗹𝗹𝗶𝗻𝗴, with the idea that firms should be rewarded for getting work done faster, not for taking longer.
Mathew put it simply:
“𝗟𝗲𝘀𝘀 𝘁𝗶𝗺𝗲 𝗶𝘀 𝗺𝗼𝗿𝗲 𝗺𝗼𝗻𝗲𝘆.”
If AI helps lawyers work faster and handle more matters, the commercial model needs to keep up. Instead of measuring success by hours billed, firms can start thinking about efficiency, margin and how much more value they can deliver.
Practi is only eight months into market and already has 80+ firms on the platform, making ILTACON its first major exhibition opportunity.
A really interesting conversation about what happens when you start separating 𝘁𝗶𝗺𝗲 𝗳𝗿𝗼𝗺 𝘃𝗮𝗹𝘂𝗲 in legal.
#PeopleInLegal #ILTACON2026 #WeAreILTA #LegalTech #FutureOfLaw