Law Firm Pricing Redefined

One Place to Collaborate & Provide Cost Certainty for Clients

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.

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AltFee Software Features

Custom pricing guidelines for your firm’s practice areas and projects

Custom pricing guidelines for your firm’s practice areas and projects

Collaborate and share pricing experiences with team members

Collaborate and share pricing experiences with team members

Easily update guidelines to reflect recent pricing learnings

Easily update guidelines to reflect recent pricing learnings

Scope and price specific client projects and maintain a record of priced projects

Scope and price specific client projects and maintain a record of priced projects

Why AFAs are Revolutionizing the Legal Industry

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Improve the Client-Lawyer Relationship

Client trust surrounding pricing and the value that the lawyer provides is paramount to a law firm’s success. The traditional hourly model makes the client-lawyer relationship like polarizing magnets; it pushes the trust factor between them further away rather than closer together.

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Make Legal Services More Accessible

Lack of alignment between the client and law firm interests is a concern when it comes to pricing legal services by the hour. The gap in legal services accessibility can be significantly reduced by making your legal offerings more approachable.

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Marry Value + Client Trust with Results

While the legal industry has a reputation for sticker shock, the average amount of billable work that makes it on a client’s bill is still only around 84%*. What’s more, legal fees under the traditional hourly model don't necessarily equate to the value the client is receiving.

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These are just a few of the reasons why 84% of law firms offer alternative fee arrangements to charge clients for their services**

78%

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%

40% of law firms regularly reduce prices or offer discounts to clients to improve client satisfaction.*

84%

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)

Case Study

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Learn how DL&Co. used AltFee to supercharge their AFA system for their entire team.

85%

85% of firms using AFAs report that client demand is a factor in driving their use.**

71%

71% of firms that perform work under AFAs use flat fee billing when servicing clients.**

35%

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.

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Testimonials

As part of the management team, what I love is being able to provide a level of organization and support around pricing for the staff, especially for our junior lawyers and paralegals. Having the resources available in AltFee to price a project and then collaborate so we are learning each time creates a level of confidence with pricing that we didn’t have before. Systems and efficiencies are priorities for the firm and this achieves both.

Wendy, COO at DL&Co.

​​AltFee allows you to manage clients’ expectations throughout a project. By providing a clear scope of work and fixed fees, clients understand the scope of the project and the costs. It eliminates those difficult conversations around time-cost and efficiency, so that the team can focus on the important issues and provide effective solutions.

Madeline, Associate Lawyer at DL&Co.