Take Your AFAs to the Next Level
Alternative Fee Arrangements are quickly gaining traction over the traditional hourly model in the legal industry.
From fixed fees (aka flat fees), periodic fees and stage-based fees, AltFee is the first comprehensive AFA tool that encourages collaboration between law firm team members to create the best pricing system for your law firm.
AltFee Software Features
Custom pricing guidelines for your firm’s practice areas and projects
Collaborate and share pricing experiences with team members
Easily update guidelines to reflect recent pricing learnings
Scope and price specific client projects and maintain a record of priced projects
78% of consumers want legal pricing to be more affordable, but “affordable” is more than just price — it’s also price certainty and value.*
40% of law firms regularly reduce prices or offer discounts to clients to improve client satisfaction.*
84% of legal professionals say they could serve their clients even better if more parts of their practice were automated with technology.*
*Source: 2020 Legal Trends Report (Clio)
Learn how DL&Co. used AltFee to supercharge their AFA system for their entire team.
85% of firms using AFAs report that client demand is a factor in driving their use.**
71% of firms that perform work under AFAs use flat fee billing when servicing clients.**
35% of firms report that the positive marketing aspect of AFAs is a factor that influences their use.**
**Bloomberg Law's 2021 legal Operations Survey
Efficiency of Billable Work is What AltFee's Software is All About
An Effective AFA system is all in the software. With an intuitive and easy-to-use interface with straightforward navigation, AltFee can improve professional collaboration and maximize your legal pricing workflow, improving the efficiency of your law firm.