Litigation
Nov. 26, 2016
Do alternative fee arrangements really benefit clients?
Or are they simply a modified hourly billing structure disguised as some sort of cost-savings mechanism? By Thomas Suh
From fixed fees to contingency options and all kinds of variations in between, alternative fee arrangements (AFAs) have become as ubiquitous as e-discovery. Such arrangements were a reactionary offering driven by in-house legal departments to control skyrocketing outside counsel legal fees in all areas of practice. But are AFAs really beneficial for the buyer of legal services? Or are they simply a modified hourly billing structure d...
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