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LexisNexis Webinar: Outside Counsel Spending Trends

AFAs by practice area

In 2013, alternative fees arrangements or AFAs accounted for 12% of matters and 7% of billings, according to the latest LexisNexis CounselLink Enterprise Trends Report.

The report surfaced key legal trends, such as corporate legal departments moving more and more M&A work to the “second-largest” law firms, and it also reported on several industry-wide metrics. These metrics included the going law firm rates by billing area, AFAs (as shown above) and partner hourly rate growth.

This coming Wednesday we’ll be hosting a webinar with the report’s principal author Kris Satkunas. The focus will be to show corporate legal departments how industry forces are shaping the dynamics between cost and value. The webinar is free with registration.

What:  Highlights from the Enterprise Legal Management Trends Report
Who:  Corporate counsel and legal department operations
When:
 Wednesday, August 27, 2014 2:00-2:45 p.m.
Where:  Free webinar; register here

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About Frank Strong

Frank Strong
Frank Strong is the communications director for the LexisNexis software division located on NC State’s Centennial Campus in Raleigh. In this capacity, he leads communications efforts in support of software products for law practice and law department management and also litigation tools – across large law, small law and corporate counsel segments. With more than 15 years of experience in the high-tech sector, Strong previously served as director of public relations for Vocus, which developed marketing, PR and media monitoring software. He has held multiple roles both in-house with corporations, ranging from startups to global organizations, and has also endured the rigors of billable hours, having completed gigs at PR firms including the top 10 global firm Hill & Knowlton. A veteran of two year-long deployments, Strong has concurrently served in uniform in reserve components of the military for more than 20 years, initially as an enlisted Marine and later as an infantry officer in the Army National Guard. Strong holds a BA in Film and TV production from Worcester State University, an M.A. in Public Communication from American University, and an M.B.A. from Marymount University. He is a PADI-certified Master Scuba Diver and holds a USPA "B" skydiving license.
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