Pricing Power for Your Practice

AltFee's Navigator Phase 1 has transformed the way we think about pricing, and we’re excited about the long-term impact this will have on our firm as we continue to grow. Breaking down our historical billing data into individual project types has provided incredible clarity and insight into our operations. The ability to understand core metrics for each project type has allowed us to create meaningful benchmarks, both for evaluating past performance and planning for the future.

The reports generated by AltFee are intuitive and detailed, giving us the tools to confidently implement and refine our flat fee pricing model. This shift has not only improved transparency with our clients but also positioned us to deliver consistent value while staying competitive.

AltFee is like having a pricing specialist in your pocket. It’s an easy-to-use, intuitive way of pricing legal matters based on the way you actually work, the phases you go through in your matters, and the factors you know will add to your time and effort. The result is that with AltFee, you can quickly, consistently, and transparently scope and price your legal work. 

Both clients and lawyers increasingly want flat rate legal services. AltFee helps me analyze my services and price flat rate projects intelligently and quickly.  AltFee also helps me track my matters to create a constant feedback loop that lets me increase my revenue and decrease my administrative burden. It has quickly become one of the most essential components of my practice management software. To top it all off, the AltFee team has provided the best onboarding and support I have experienced.

As part of the management team, what I love is being able to provide a level of organization and support around pricing for the staff, especially for our junior lawyers and paralegals. Having the resources available in AltFee to price a project and then collaborate so we are learning each time creates a level of confidence with pricing that we didn’t have before. Systems and efficiencies are priorities for the firm, and this achieves both.

AltFee has been instrumental in allowing us to standardize and scale our pricing model. We're able to build dynamic engagements that are customized to our firm and clients. With organized historical data, we're able to price with confidence and maximize results.

AltFee is an important tool for my family law practice. One of our core values is cost transparency, and AltFee is critical when we scope out a project for a client. It is especially useful for services like Separation Agreements, Desk Order Divorces, and Cohabitation Agreements. I often recommend AltFee to my colleagues who are looking to transition into alternative fee models as it provides different approaches to suit a variety of practice areas and legal services.