We'd like to invite corporate counsel and their law firm counterparts to share their views on
the subject of alternative fee arrangements and answer these questions.
Not exact matches
The clients
of solo and small firms also tend to be less
subject to the abuses
of the billable hour and therefore less likely to seek
alternative fee arrangements.
I think certain
subject matters really lend themselves to
alternative fee arrangements and it's absolutely the way
of the future.
It used to be that
alternative or «appropriate»
fee arrangements were the common
subject matter
of in - house counsel conference seminars, but over the last few years the mechanics around the various AFAs out there have given way, it seems, to a more hefty discussion on more thought - out budgets and project management.
If you are unsure about how to broach the
subject, here are some
of the most popular types
of alternative fee arrangements.
In much
of the writing on this
subject, the focus has been on so - called
alternative fee arrangements or «AFAs», pricing strategies that are based on fixed - price or cost - plus models that make no reference to billable hours in the calculation
of fees.