Fennemore is accelerating efforts to explore alternative billing models and artificial intelligence with the acquisition of Lucent Law in Spokane, Washington.
Fennemore, with its fifth combination this year, aims to gain expertise from the four-lawyer Lucent Law on flat fees. Fennemore is also partnering with OpenAI, the developer of the generative AI chatbot ChatGPT, to make its work and lawyers more efficient.
“We are pushing in on alternative fees,” James Goodnow, chief executive of Fennemore, said in an interview. “Those that don’t are missing the boat. As you have these great new technologies that ...
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