Alternative Fee Arrangements: Value Fees and the Changing Legal Market Executive Summary


Executive Summary for Alternative Fee Arrangements: Value Fees and the Changing Legal Market

Managing Partner’s report on Alternative Fee Arrangements provides an in-depth look at alternative fee structures and how to make them work within your own firm by aligning culture, behaviour, cost and price.

Key points are illustrated throughout the report with clear examples and practical case studies from firms that are already successfully using alternative fee arrangements.

It reveals why law firms are seeking alternatives to the billable hour, what structures they are using and how to avoid the common pitfalls when implementing them within your own firm.

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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.

© Daniel Smallwood, Ark Group | Attorney Advertising

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