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The Pros and Cons of Alternative Fee Arrangements for Lawyers

The Pros and Cons of Alternative Fee Arrangements for Lawyers

The legal industry’s billing model has long been based on the billable hour. But in recent years, there has been a shift towards alternative fee arrangements (AFAs), in which firms charge a flat rate for their services. This change has been driven by several factors, including client demand for cost certainty and the need for […]

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