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Tag Archives: alternative fee agreements

Infographic Friday: The Case Against Billable Hours

AFAs increase firm size decrease

Data suggests that smaller firms are more inclined to structure alternative fee arrangements (AFA) than larger firms.  However, as so often in law, such assertions –  even data driven assertions – are not always so cut and dry.  Whether that’s true or not might be better answered by saying, “It depends.” It does depend. The graphic below the headline on this ... Read More »

Four Reasons Why Alternative Fees are here to Stay

As we can see from search trends, AFAs spiked dramatically in 2008 and have remained high.

As we can see from search trends, AFAs spiked dramatically in 2008 and have remained high. When Law Technology News Editor-in-Chief Monica Bay took the stage at ILTA to run a Q&A following Tuesday’s key note presentation she made a reference to alternative fee arrangements: She’s been forecasting the rise of AFAs for 15 years and while AFAs are certainly ... Read More »