Alternative Fee Arrangements
Programs that benefit your clients and your bottom-line.
Alternative Fee Arrangements, or “AFAs”, describe a broad category that encompasses any billing arrangement that is not simply “billable hours per timekeeper”.
Many AFAs dramatically cut both profitability and revenue for law firms, assuming risks that firms have little control over and many other AFAs are applied to matters where they will never be able to deliver results for either the client or firm.
We have spent years examining what works and what doesn’t work in AFAs and we understand the factors that should be considered when adopting an AFA.
We help law firms implement AFA programs that benefit their clients’ and their bottom lines, track the success of these programs, and develop the skills to replicate success into the future.
Flipping the Incentives: Alternative Fee Arrangements (AFA)