AFAs offer customized pricing models to accommodate clients' budgets, build trust, and help lawyers expand their client base. For example, 78% of clients want lawyers to adopt a billing model that is more affordable and predictable.
But AFAs aren't just beneficial for clients. Firms gain revenue certainty and smooth collections with alternative agreements like flat fees, subscriptions, unbundled fees, and other types of AFAs. Plus, it measures the value of a lawyer's work in ways other than just hours.
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