Fee Arrangements and Billing

Whither the dearth of AFAs?

April 14, 2019 by Steve Lauer 27,393 Comments

Despite the plethora of articles and presentations over the years, and the expressed interest (as evidenced by numerous surveys over the years) of in-house attorneys in abandoning (or, at least, reducing the prevalence of) the hourly rate, it persists.

Fee arrangements require support to work

October 11, 2018 by Steve Lauer 12,486 Comments

The ongoing debate regarding fee arrangements that eschew the hourly rate has led to an increase in such arrangements (known to many as AFAs).

Internalization is the key to sustainable, high-value fee arrangements

September 21, 2018 by Steve Lauer

The hourly rate does not create any incentive for the billing professional to perform the legal service efficiently. Indeed, the natural effect yields the opposite result, since the lawyer who takes more time to complete a task or assignment will bill more time, yielding more revenue.

Value and fee arrangements

May 25, 2018 by Steve Lauer 11,090 Comments

Designing a fee arrangement that yields or leads to greater value for the client has proven to be a daunting task for many in-house and outside attorneys.

Fee Arrangements and Billing

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