AltFee’s Alternative Fee Arrangement (AFA) definition: Any type of fee arrangement between a law firm and client other than the hourly pricing of legal services, with a common characteristic of providing the client with price certainty upfront.
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Legal Industry Pricing Trends Report 2023
Surveying legal professionals across the world, the report showcases how AFAs are contributing to increased profits for firms, better use of technology, and better work-life balance and working conditions for legal professionals.
