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Legal Fees Alternative Fee Arrangements Law Practice Management

Stange Law Firm, PC

What's The Fascination With Flat Fees?

Stange Law Firm, PC on

Many clients complain about the fact that most lawyers bill by the hour. They often do not like billable hours because it results in the cost of their case being variable. ...more

WilmerHale

The Art of Projecting Budgets for Litigation Alternative Fee Arrangements

WilmerHale on

Predicting the future has become a critical skill for lawyers—at least when it comes to budgeting for case work. Clients want as much certainty as possible for planning and allocating legal expenses, which inherently carry...more

WilmerHale

5 Questions All AFAs Should Answer Clearly

WilmerHale on

There are numerous ways in which the terms of an alternative fee arrangement are documented, ranging from a simple email exchange between client and outside lawyer to lengthy addenda to the retention agreement. While no...more

WilmerHale

5 Questions Firm Should Ask Before Approving Litigation AFA

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Alternative fee arrangements provide great opportunities for law firms to partner with clients and strengthen relationships. However, not every matter may be appropriate for an alternative fee or in the law firm’s best...more

WilmerHale

5 Questions To Ask Yourself Before Submitting A Litigation AFA

WilmerHale on

In this third article in our series about alternative fee arrangement proposals, we discuss five questions that outside lawyers should be able to answer for themselves before submitting an AFA proposal for a litigation matter...more

WilmerHale

5 Questions To Ask Client Before Proposing A Litigation AFA

WilmerHale on

An alternative fee arrangement is frequently required as part of a law firm’s response to a client’s request for proposals to handle new litigation matters. In-house attorneys routinely receive, review and compare such...more

Sullivan & Worcester

Creating Alternative Fee Arrangements Focusing on Value

Sullivan & Worcester on

In-house counsel hire outside counsel for specific purposes, for example: to document and implement a transaction; to obtain a favorable outcome in a dispute; to provide specialized expertise or counsel; or to provide...more

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