---
title: Blog Articles | AltFee | Articles (2)
description: Articles | Our legal expertise is showcased in various blog articles and resource content. (2)
---

[Find your perfect AltFee pricing path: **Self-directed or Expert-led—We have your solutio****n  **](https://www.altfeeco.com/start-here-find-your-perfect-pricing-path-self-directed-or-expert-led)

[![](https://www.altfeeco.com/hubfs/AltFee-Logo.svg)](https://www.altfeeco.com/)

[Product](https://www.altfeeco.com/product)

[Pricing](https://www.altfeeco.com/pricing)

[Firm Size](https://www.altfeeco.com/resources/tag/articles/page/2#firm-size)

### Solo Practitioner

[![mega-menu-thumb01](https://www.altfeeco.com/hubfs/mega-menu-thumb01.png) **Solo Practitioner** Whether your practice is just getting off the ground or in the process of growing, AltFee has pricing solutions for you. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/solo-practitioners)

### Small to Mid-Size

[![mega-menu-thumb02](https://www.altfeeco.com/hubfs/mega-menu-thumb02.png) **Small + Mid-Size** Scope, manage, and collaborate on pricing for all your projects with one comprehensive tool. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/small-mid-firms)

### Large Firms

[![mega-menu-thumb03](https://www.altfeeco.com/hubfs/mega-menu-thumb03.png) **Large Firms** Get the all-in-one pricing tool that allows you to scope, manage, and collaborate on your large firm’s AFAs. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/large-firms)

The Future of Pricing in the Legal Industry: Embracing AI + Efficiency

[AI Whitepaper](https://www.altfeeco.com/get-your-free-ai-whitepaper) ![ai-whitepaper-banner](https://www.altfeeco.com/hubfs/ai-whitepaper-banner.png)

[Resources](https://www.altfeeco.com/resources)

### Resources

[![articles](https://www.altfeeco.com/hubfs/articles.svg) **Articles** Articles to inspire you on your AFA journey.](https://www.altfeeco.com/resources/tag/articles) [![webinars](https://www.altfeeco.com/hubfs/webinars.svg) **Webinars** On-demand and live events, CLE/CPD webinars, interactive workshops, and more.](https://www.altfeeco.com/resources/tag/webinars) [![podcasts](https://www.altfeeco.com/hubfs/podcasts.svg) **Podcasts** Helping legal professionals receive timely and actionable advice on AFAs in a convenient audio format.](https://www.altfeeco.com/resources/tag/podcasts) [![case-studies](https://www.altfeeco.com/hubfs/case-studies.svg) **Case Studies** How AltFee is helping law firms across the globe.](https://www.altfeeco.com/resources/tag/case-studies)

### AFA Law Firms

[![law-firm-directory](https://www.altfeeco.com/hubfs/law-firm-directory.svg) **Law Firm Directory** Find legal providers worldwide offering non-hourly pricing options.](https://www.altfeeco.com/afa-law-firm-directory) [![AltFee_Modern-Pricing_Certified](https://www.altfeeco.com/hubfs/AltFee_Modern-Pricing_Certified_T.png) **Modern Pricing Certification** Recognizing innovative modern pricing law firms.](https://www.altfeeco.com/resources/modern-pricing-certified)

### Tools

[![roi-calculator](https://www.altfeeco.com/hubfs/roi-calculator.svg) **ROI Calculator** See your single matter and annual revenue impact with AFA's.](https://www.altfeeco.com/roi-calculator)

The Pricing Playbook for Modern Law Firms

[Free Playbook](https://www.altfeeco.com/get-your-free-pricing-playbook) ![The Pricing_Playbook](https://www.altfeeco.com/hubfs/Stock%20Images/istockphoto-894315018-612x612-1.jpeg)

[Login](https://app.altfeeco.com/)

[Book A Call](https://www.altfeeco.com/get-a-demo-scheduler)

[Product](https://www.altfeeco.com/product)

[Pricing](https://www.altfeeco.com/pricing)

[Firm Size](https://www.altfeeco.com/resources/tag/articles/page/2#firm-size)

### Solo Practitioner

[![mega-menu-thumb01](https://www.altfeeco.com/hubfs/mega-menu-thumb01.png) **Solo Practitioner** Whether your practice is just getting off the ground or in the process of growing, AltFee has pricing solutions for you. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/solo-practitioners)

### Small to Mid-Size

[![mega-menu-thumb02](https://www.altfeeco.com/hubfs/mega-menu-thumb02.png) **Small + Mid-Size** Scope, manage, and collaborate on pricing for all your projects with one comprehensive tool. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/small-mid-firms)

### Large Firms

[![mega-menu-thumb03](https://www.altfeeco.com/hubfs/mega-menu-thumb03.png) **Large Firms** Get the all-in-one pricing tool that allows you to scope, manage, and collaborate on your large firm’s AFAs. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/large-firms)

The Future of Pricing in the Legal Industry: Embracing AI + Efficiency

[AI Whitepaper](https://www.altfeeco.com/get-your-free-ai-whitepaper) ![ai-whitepaper-banner](https://www.altfeeco.com/hubfs/ai-whitepaper-banner.png)

[Resources](https://www.altfeeco.com/resources)

### Resources

[![articles](https://www.altfeeco.com/hubfs/articles.svg) **Articles** Articles to inspire you on your AFA journey.](https://www.altfeeco.com/resources/tag/articles) [![webinars](https://www.altfeeco.com/hubfs/webinars.svg) **Webinars** On-demand and live events, CLE/CPD webinars, interactive workshops, and more.](https://www.altfeeco.com/resources/tag/webinars) [![podcasts](https://www.altfeeco.com/hubfs/podcasts.svg) **Podcasts** Helping legal professionals receive timely and actionable advice on AFAs in a convenient audio format.](https://www.altfeeco.com/resources/tag/podcasts) [![case-studies](https://www.altfeeco.com/hubfs/case-studies.svg) **Case Studies** How AltFee is helping law firms across the globe.](https://www.altfeeco.com/resources/tag/case-studies)

### AFA Law Firms

[![law-firm-directory](https://www.altfeeco.com/hubfs/law-firm-directory.svg) **Law Firm Directory** Find legal providers worldwide offering non-hourly pricing options.](https://www.altfeeco.com/afa-law-firm-directory) [![AltFee_Modern-Pricing_Certified](https://www.altfeeco.com/hubfs/AltFee_Modern-Pricing_Certified_T.png) **Modern Pricing Certification** Recognizing innovative modern pricing law firms.](https://www.altfeeco.com/resources/modern-pricing-certified)

### Tools

[![roi-calculator](https://www.altfeeco.com/hubfs/roi-calculator.svg) **ROI Calculator** See your single matter and annual revenue impact with AFA's.](https://www.altfeeco.com/roi-calculator)

The Pricing Playbook for Modern Law Firms

[Free Playbook](https://www.altfeeco.com/get-your-free-pricing-playbook) ![The Pricing_Playbook](https://www.altfeeco.com/hubfs/Stock%20Images/istockphoto-894315018-612x612-1.jpeg)

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#### Inspiration For Your Own AFA Journey

## Articles

The latest ideas and information on how to run a more efficient and profitable law firm. 

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## Featured Resources

December 8, 2023

Read it in 29 Minutes

### [Legal Software Explained: Tech, Benefits, & Impact](https://www.altfeeco.com/legal-software)

Gain insight into the legal technology market with our expert guide discussing the impact that legal software has had on the legal industry as a whole.

![legal-software-explained](https://www.altfeeco.com/hs-fs/hubfs/legal-software-explained.png?width=1603&height=979&name=legal-software-explained.png)

[Articles](https://www.altfeeco.com/resources/tag/articles)

May 24, 2022

Read it in 8 Minutes

### [A Complete Guide to Alternative Fee Arrangements](https://www.altfeeco.com/resources/alternative-fee-arrangements)

The billable hour has been hanging on for dear life in the legal industry for decades. But both lawyers and clients are starting to... 

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[Articles](https://www.altfeeco.com/resources/tag/articles)

September 6, 2022

Read it in 8 Minutes

### [18 Legal Technology Trends That Will Get You Ahead of the Curve](https://www.altfeeco.com/resources/legal-technology-trends)

These days, being a forward-thinking law firm is setting your business up for success. And yes, that contradicts the well-established...

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### [Everything You Need to Know About Law Firm Billing](https://www.altfeeco.com/resources/law-firm-billing)

Ah, billing. That magical time where you get to charge a client for the work that you did and...

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[Articles](https://www.altfeeco.com/resources/tag/articles)

September 13, 2022

Read it in 7 Minutes

### [SaaS Law Technology Handbook \[Definition, Types, Benefits & More\]](https://www.altfeeco.com/resources/saas-law)

With the global legal tech market currently worth billions of dollars and continuing to grow, it’s no wonder that...

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<https://www.altfeeco.com/resources/legal-software-cloud-based>

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### A Guide to Legal Software Cloud Based for Law Firms

 Automation, connectivity, interaction, data security, and other similar features have made the...

 March 30, 2023

[![law tech vs legal tech](https://lh3.googleusercontent.com/MpRIOURrxX84scpA5gyRLiK4zO988mB2kE4JBINIMZ4VC0ovoXPQfCBiEDrDYpWIpvN9Dn6eh3esxZkY4HRa6erYspavomsBaYGiWYuQj79GJ82ziugRR3y4ErzTzbCvKM3MO3zQNSSZFEnmW9hKoCY)](https://www.altfeeco.com/resources/law-tech)

<https://www.altfeeco.com/resources/law-tech>

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### Law Tech vs. Legal Tech: Differences and Recommendations

 There’s no doubt that technology has changed the legal industry immensely. From enabling remote...

 March 23, 2023

[![legal matter management software](https://lh4.googleusercontent.com/QWAsRV8kBJ8i66T0o4bJzktbauTr7eXalzoHkl8RlT5xvQUNETUT69s8C_YF89aIUrlHcyUlvtwB6hU7_Skjy2iw-qVzcG-OKJFe3K79iBk0lO8AlWAQQIx5L3VZtgmPgantLWuKGHeXqyYQusOYwQQ)](https://www.altfeeco.com/resources/legal-matter-management-software)

<https://www.altfeeco.com/resources/legal-matter-management-software>

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### The Attorney’s Guide to Legal Matter Management Software

 The legal industry takes pride in achieving its business objectives and assisting people in various...

 March 16, 2023

[![](https://www.altfeeco.com/hubfs/iStock-1355030282-compressed.jpg)](https://www.altfeeco.com/resources/law-software-programs)

<https://www.altfeeco.com/resources/law-software-programs>

- [Articles](https://www.altfeeco.com/resources/tag/articles)

### A Concise Guide to Law Software Programs and Their Benefits

 The legal technology industry has exploded in recent years, and all signs point to continuous growth

 February 28, 2023

[![](https://www.altfeeco.com/hubfs/Untitled.jpg)](https://www.altfeeco.com/resources/lawyer-app)

<https://www.altfeeco.com/resources/lawyer-app>

- [Articles](https://www.altfeeco.com/resources/tag/articles)

### Everything to Know About Using a Lawyer App in Your Firm

 Over recent years, digital workplace apps have started to rise in the legal industry. These...

 February 21, 2023

[![lawyer using billing software law firm](https://lh4.googleusercontent.com/aaAnXbOasKOKE1DK3bqb-x26-T1Hozn7lx8r_vhxkokJ7RjqcQlN-ts_p8g0GueLQhaa-5OMgcw72H5EdQsgjotXDzLEsjbaw9yt6ZOK540CU4d7YZ1VlBrCknK4gZjX9C5DrgYjMvcz55VSY5r_3EA)](https://www.altfeeco.com/resources/billing-software-law-firm)

<https://www.altfeeco.com/resources/billing-software-law-firm>

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### Ultimate Guide to Billing Software Law Firm Employees Can Benefit From

 According to Thompson Reuters, legal e-billing can make up anywhere from 30-80% of invoices sent...

 February 14, 2023

[![Legal Technology Trends Legal Professionals Need to Know](https://lh3.googleusercontent.com/QjUVE9QroYh1ahoqAlSh_lCA_oK2APmON9DpIkPQLdZKwJPzYpHMVOCWEQQzWLjSZHNpbrhwttYzdx-dFj68tmdhFAAPg4A434-gSwDlo_S2BMzAwPlGXI1Ylxbm7UK60wWCAqmQmNKGmsRmQLSN7Rk)](https://www.altfeeco.com/resources/law-firms-technology-trends)

<https://www.altfeeco.com/resources/law-firms-technology-trends>

- [Articles](https://www.altfeeco.com/resources/tag/articles)

### 2023 Law Firms Technology Trends Professionals Need to Know

 Most of us know that it’s in with the new and out with the old in 2023. However, that rule of thumb...

 January 31, 2023

[![Estate Planning Software A Comprehensive Guide](https://lh3.googleusercontent.com/cCtSS6dUCaBo0b8Vavh-Pc_aAM-wkjNs7NdJaqJlXYdAOd39ic3LfgsOQZJN4LmWJwCK1I_2LO5lsx5GIom3ytRhjy0d1a47P3-xane3R4SncOmCDmbs4CMQbH8gAvjjgrEJscMu2e1Prc7EcGnPIww)](https://www.altfeeco.com/resources/estate-planning-software)

<https://www.altfeeco.com/resources/estate-planning-software>

- [Articles](https://www.altfeeco.com/resources/tag/articles)

### Estate Planning Software: A Comprehensive Guide

 One major task that legal firms handle is helping with estate planning. Estate planning is...

 January 24, 2023

[![Reasons Why Your Law Firm Needs Client Intake Software for Lawyers](https://lh6.googleusercontent.com/95Dvg2AQIHZCoA8jFxWkHhWizJWoXfPSMxKg_hAnfuvp4IPaeib-vex3KA4rz15tn2fzb4hXLa85eLkjoZHmZUSmsrE0I4QPNDuv6S8HBxWBCbj2p2rKVOo2mJhbFMR8jTf8sDcBDzX2vBOm2NFI4Q)](https://www.altfeeco.com/resources/client-intake-software-for-lawyers)

<https://www.altfeeco.com/resources/client-intake-software-for-lawyers>

- [Articles](https://www.altfeeco.com/resources/tag/articles)

### Reasons Why Your Law Firm Needs Client Intake Software for Lawyers

 To be a successful law firm, it’s vital to focus on the client experience. These days, clients...

 January 17, 2023

[![Benefits of Law Firm Project Management Software](https://lh5.googleusercontent.com/kSqriWxLvdMSsls4y6vrNjVc5dwtWOPBtUs8eqYxRD_tbkUaz2L2UF4x7-feX12VMK5NuhFfG9rS5VRvcvOB0jxe32pPB_UIvGjjdAR9z5PW2L9bFIceWArfYmgrxxDozH0GYz9RyNw3ISwTIDKQuXr01422CciG1FMzo4G5k1spZ7VEiVbNVYMe8FQovg)](https://www.altfeeco.com/resources/legal-project-management-software)

<https://www.altfeeco.com/resources/legal-project-management-software>

- [Articles](https://www.altfeeco.com/resources/tag/articles)

### Enhance Your Law Firm with Legal Project Management Software

 Most of us have probably been part of a poorly planned project or two in our lifetime. Whether it’s...

 December 29, 2022

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#### The Pricing Playbook for Modern Law Firms

The legal industry is evolving—fast. Clients expect transparency, technology is reshaping workflows, and the billable hour is no longer cutting it. This modern pricing playbook equips law firms with a practical, hybrid strategy that blends time-based and value-based considerations. 

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AltFee maximizes your legal pricing workflow, improving collaboration and the efficiency of your law firm while boosting collection rates and revenue.

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#### Pricing a Single Matter

Select a typical matter: Company Incorporation Will Shareholders Agreement Trademark Registration M&A Share Sale Employment Agreement Review Contested Divorce Civil Litigation Commercial Property Sale

##### Without AltFee (Hourly)

Number of hours to complete matter

Average blended hourly rate

$

Average revenue collected

75% is industry average (taking into consideration both billing realization rate & collection rate)

%

##### With AltFee

Expected revenue increase using AltFee

%

Expected collection rate using AltFee

Percentage of your billed fees which are actually collected

%

##### Totals

Amount recorded for the matter

= total number of hours to complete matter x average blended hourly rate

#### $ 1750

Net amount earned by law firm

= amount recorded for the matter x average revenue collected

#### $ 1313

##### AltFee Impacted Totals

Amount billed to client

#### $ 2100(+ $345)

Net amount earned by law firm

#### $ 2058 (+ $745)

#### AltFee Annual Impact

##### Firm-Wide AltFee Impact

Number of billing individuals in firm

Estimated number of AltFee priced matters  
(per individual, annually)

##### Annual revenue increase to firm

#### + $186,375

Note: This calculator is for illustrative purposes only

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