Alternative Fee Arrangements

Venue: London

Location: London, United Kingdom

Event Date/Time: Nov 09, 2010
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Alternative fee arrangements (AFAs) are often seen to be poorly disguised discounts that are high-risk and not profitable for the law firms. In an environment of cost-cutting in lawyers’ compensation, cost-awareness and sensitivity from clients, and a changing legal services model, lawyers must be able to design fee arrangements that deliver value and results to their clients but are profitable for the firm.