The public discourse on Alternative Fee Arrangements continues unabated. Competitive pressure and client demand escalate as hourly billing erodes as the only viabe basis to compensate outside counsel.
Read moreClients’ demands for the delivery of quality and efficiently performed legal services, in whch law firms assume part of the risk have given rise to the increased demand for for alternative fee arrangements. Here we deliver a narrative of current market factors and a primer as to how law firms can deliver quality, value driven legal services using an alternative fee arrangement, while both assuming part of the risk and managing that risk simultaneously.
Read more