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ALM Legal Intelligence Tracks Alternative Fee Arrangements, More Law Tech News
By Michael Roach, LTN, May 10, 2013
This post has been viewed 2,719 times.
This post has been viewed 2,719 times.
A report released Thursday by ALM Legal Intelligence, ALM Media’s provider of business information to the legal industry, showed more corporate clients using alternative fee arrangements in 2012 to determine how to pay outside counsel. The survey found that 19 percent of corporate legal departments used AFAs for more than half of their legal work, a 12 percent increase over 2011, and 51 percent said the volume of AFAs increased in 2012. To download the report, go to at.law.com/AFAReport..
Read original articleTags: ALM Media, business information, corporate clients, corporate legal departments, legal industry
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