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Alternative Fee Arrangements Young Lawyers

Carlton Fields

As Class Action Spending Continues to Climb, Companies Manage Greater Risks

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Class action spending by companies across industries increased for the second consecutive year, reversing a downward trend that occurred between 2011 and 2014. While the percentage of companies managing at least one active...more

Carlton Fields

Alternative Fee Arrangements

Carlton Fields on

Clients and law firms sometimes talk about "Alternative Fee Arrangements" (or "AFAs") without understanding what they entail. Best understood, the term describes any arrangement other than payment based purely on hourly...more

Goodwin

Six Pillars of Engagement: What You Need to Know About Using AFAs in Litigation

Goodwin on

In recent years, increasing numbers of corporate legal departments have explored alternatives to the traditional hourly rate method of law firm billing in litigation matters. As a firm that has actively embraced such...more

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