How to Choose the Right Alternative Fee Arrangement for Your Matter
Should you use a matter-level fixed fee? Fixed fee by phase? Capped fee? What about an activity collar? It’s easy to get overwhelmed by the …
Should you use a matter-level fixed fee? Fixed fee by phase? Capped fee? What about an activity collar? It’s easy to get overwhelmed by the …
Using reverse auctions when choosing a law firm is one of the most effective strategies available to in-house legal teams looking to: Encour…
“If I use an alternative fee arrangement, how will I know I’m still paying a good price?” When attorneys transition to using alternative fee…
"The scope of work for most matters is just too unpredictable to obtain a fixed fee." This is a common misconception keeping many legal team…
AFAs only represent about 23% of external spend across the legal industry (according to a Bloomberg Law survey). How does this compare to PE…
In 2006, CIOs stood shoulder-to-shoulder with the highest echelons of the C-Suite. Today, they’ve lost much of their influence. But what hap…
PERSUIT is the headline sponsor at Legal Leaders on 10-11 November and we cannot wait to see you in person at the conference! There are plen…
Alternative Fee Arrangements (AFAs), when executed right, can lead to lower fees for the client, greater profits for the law firm and better…
If you’ve heard of us, you may know that we’ve spearheaded an innovative, new process for engaging outside legal counsel (if we do say so ou…
Legal rates have been increasing at an astounding clip since 2010. The top quartile of firms in the AmLaw 200 increased partner rates by 5.3…