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Tag Archives: alternative fee arrangements

How Corporate Legal Can Implement AFAs without FUD

AFAs Matters by Industry

Alternative fee arrangements (AFA) sometimes invoked FUD – or fear, uncertainty and doubt. There’s always risk in trying something new or different, however, we have in among our corporate legal department clients a sizable volume that have found success. Recently, our own Brandi Gunn presented a very compelling, clear and concise webinar that presented the fundamentals of AFAs.  The slides ... Read More »

10 Authentic Tips for implementing AFAs in Legal Billing

10 Legitimate Tips for implementing AFAs in Legal Billing

The alternative fee arrangement or AFA, is one of those recurring trending topics in the legal industry.  It ebbs and flows with arguments on all sides – for, against and undecided. Just ahead of the American Lawyer big law rankings, an article in the Washington Post, which is cited below, made the rounds in news, blogs and social media. We ... Read More »

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 »