Social Media Ideas for Alternative Fee Arrangements

Kirkland's Alternative Fee Structures Help Fuel Litigation Business

Roughly 30% of its litigation revenue is through AFA structures, amounting to more than $1 billion through these arrangements last year.       

BigHand Buys Pricing Specialist As More Firms Weigh AFAs

BigHand Ltd. is planning to help law firms explore more enhanced pricing strategies after acquiring the legal artificial intelligence pricing startup Ayora, the legal business inte...

AI puts pressure on law firms’ billable hour model

Generative AI is making legal work faster, increasing client pressure on law firms to reconsider billable hours and adopt alternative fee models. The post AI puts pressure on law f...

Usage-Based AI Pricing Tests In-House Legal Teams

While many companies were initially offered flat-rate pricing for artificial intelligence tools, some now find themselves measuring their usage as tech providers have begun moving...

U.S. Considers New Six-Figure Fees Following Appellate Court Decision

Biglaw May Want To Break Up With The Billable Hour Thanks To AI

Baker McKenzie's global chair says AI demands a new way of thinking about legal fees. The post Biglaw May Want To Break Up With The Billable Hour Thanks To AI appeared first on Abo...

Tuccori, Batton lawyers battle over fees

Attorneys in each case want about one-third of the $120M settlement fund. Plus, Zillow’s SCOTUS petition countered; NAR can’t compel The Agency to supply docs.

FINNY AI Rolls Out 'Pay-as-You-Grow' Pricing Model

The AI marketing platform will charge advisors a monthly fee plus a percentage of assets from clients it helps bring in, similar to custodial referral programs.

Nevada Supreme Court Overrules Caselaw on Post-Trial Contingency Fee Awards

What Comes After the Billable Hour? Ken Callander Says Firms Should Charge for Value, Not Time

What Comes After the Billable Hour? Ken Callander Says Firms Should Charge for Value, Not Timeby Petra Pasternak Reading Time — 8 mi...

The Meter Meets the Matter: AI Costs and the Future of Legal Pricing

The old commercial model for legal AI was simple. Firms bought seats—one license per lawyer, a flat annual fee, twelve-month terms. Whether an individual lawyer used the tool ten t...

Solicitors to consider Minister’s changes in criminal defence legal fee payments aimed at resolving dispute

Controversial €520 fee to remain in place under fresh proposals but two-thirds of payment to be made at start of case

Revolutionary FAR Overhaul Implements Fixed-Price Contracting Preference Under FAR Part 16

Beyond the billable hour: How Firm AI is transforming timekeeping and billing into a strategic advantage

How is AI changing what law firms need from their timekeeping technology? KEN HOUSEMAN Clients expect their law firms to use AI to complete work faster — and be charged for fewer h...

In Australia, AI Is Accelerating the Decline of the Billable Hour, Law Firms Say. But What Comes Next?

Clients want a share of the benefits of AI.