Beyond the Billable Hour: How Alternative & Contingency Fees Are Changing Law Firms (Sponsored)
JOIN OUR WEBINAR AS WE DISCUSS THE INS AND OUTS OF ALTERNATIVE FEE ARRANGEMENTS. Does your law firm offer alternative and contingency fee arrangements, in addition to hourly billing? Did you know that 1 in 5 Chief Legal Officers pay only flat fees to law firms for litigation work?
Law firms are finding themselves dealing with at least 7 new types of fees – from blended rates and conditional fees to damages-based agreements. Proactive firms have a lot to gain with flexible billing strategies.
Many lawyers are discovering that when they provide their clients with different billing options, rather than using the traditional hourly billing method, their firm becomes more profitable. However, law firms need to understand these new fee structures and their impact on a firm’s ability to represent clients.
In this free, 1-hour Clio webinar, learn what you need to know to successfully add contingency fees and alternative fee billing into your law firm, including:
- Lessons learned from practice areas that have shifted to alternative fees
- Ethic rules surrounding contingency fees and alternative fee structures
- Resources for implementing alternative fees in your firm
Date: Tuesday, August 25th, 2015
Time: 11AM PT | 2PM ET
Speakers: Joshua Lenon, Lawyer in Residence, Clio
Beyond the Billable Hour: How Alternative & Contingency Fees Are Changing Law Firms (Sponsored) was originally published on Lawyerist.
Source: https://lawyerist.com/86565/beyond-the-billable-hour-how-alternative-contingency-fees-are-changing-law-firms-sponsored/
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