More Firms Embrace Alternative Fees


Since early 2009, legal industry publications have been announcing the transition to alternative fee arrangements (AFA). The enthusiasts claim these arrangements are going to kill the hourly rate, completely change the way companies work with outside counsel and allow the high quality law firms to thrive.

While there is quite a bit of support for a shift to alternative fees, there is also the belief that the media is simply publishing reactionary articles to economic pressures.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Melinda Starbird | Attorney Advertising

Written by:


Melinda Starbird on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.