AI dooms the billable hour – and Big Law earnings

Artificial intelligence promises to save time for white-collar workers. If true, that could be bad news for companies that bill clients by the hour. Law firms, auditors and other professional-services outfits might find ways to mitigate the financial hit. But there’s no getting around the fact that automation risks devaluing part of the pricey service they’re offering.

Texas Takes a Shot at AI Regulation With ‘Responsible Artificial Intelligence Governance Act’

On June 22, 2025, Texas became the latest state to enact comprehensive AI legislation with a uniquely Texan twist through the passage of the Texas Responsible Artificial Intelligence Governance Act. The new law, effective January 1, 2026, makes Texas the second state (after Colorado) to enact comprehensive AI legislation, and warrants attention from businesses doing business in, producing products or services used by individuals in, or developing or using AI systems in the state.