The 7.4% Rate Problem: How AI Time Capture and Realization Discipline Are Reshaping Law Firm Pricing in 2026

Thomson Reuters' Law Firm Rates Report 2026 shows worked rates up 7.4% against 2.8% inflation - but client pushback is rising and 90% of legal dollars still flow through hourly billing. The firms that win in 2026 pair AI time capture with strict realization discipline. Here's the strategy.