Alternative Fee Arrangements are here to stay.
AFA billings increased 34% from 2008 to 2009, but less than 50% of firms track AFA profit margins.
Respond confidently to requests for AFAs.
Using Expert Matter Planning, an innovative, wizard-like tool, you can manage the full life cycle of all types of fee arrangements.
n Search for and analyze similar matters n Create a new matter plan n Forecast matter profitability n Monitor the matter to track actual vs. budget
Reduce risk and meet your profit targets on every matter. ADERANT Expert. Smart.
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888.604.2366 | www.aderant.com/matterplanning © 2010 ADERANT Holdings, Inc.
Sources: Association of Corporate Counsel. “ACC Value-Based Fee Primer”, July 2010; Altman Weil, Inc. “Law Firms in Transition, an Altman Weil Flash Survey”, 2010 Peer to Peer
the quarterly magazine of ILTA 55