DL&Co Case Study
Improved their realization rate by 21% after moving away from billing by the hour.
Large Firms
Boost Earnings, Delight Clients, and Empower Your Team
Integrates with
Efficiency Meets Profitability with Fixed-Fee Pricing
Transform Your Approach to Billing, Amplify Your Earnings
With AltFee, efficiency becomes your greatest asset, not a threat to your revenue.
Book a Demo
Features
AltFee means more time, more profit and more growth for your firm.
Transform your pricing, make clients happier, and build fixed fees effortlessly.
Value-Based Pricing Modifiers
Align fees with the value delivered, ensuring your firm maximizes compensation based on your expertise, results and efficiency, not just time spent.
Price Using Firm Templates
Enable all your team members to quickly and confidently scope, price and communicate value to clients. Leverage your team's experience and firm data to build pricing confidence.
Reduce the Complexity of AFA Management
With AltFee, managing communications, pricing, and optimization is consolidated into a single, intuitive platform.
Collaborate in One Place
Comments and feedback on pricing is organized by client and matter, ensuring your pricing system evolves with each learning your team experiences.
71%
Of large firms expect the proportion of revenue derived through AFAs to increase through 2024.
85%
Of firms report greater use of technology to increase efficiency and productivity.
94%
Of firms report bill write-offs due to lack of transparent pricing for clients.
Benefits
As technology and automation put pressure on billable hours, AltFee makes sure your earnings are in good shape. Simple.
Pricing Made Simple
Quickly and confidently scope and price your client matters.
Determine the Best Price for Each Client
Collaborate across teams. Ensure your pricing team and lawyers are sharing knowledge and learnings to price each client project to its full value.
Win More RFP's
Take a data-driven approach to your RFP response process and increase deal velocity.
Simple Transition
Make the transition to fixed and stage-based pricing simple and at your firm's desired pace.
The Future of Pricing in the Legal Industry: Embracing AI + Efficiency
Artificial intelligence is driving efficiency in the legal industry. Our whitepaper breaks down the impacts of this emerging technology.
Customer Stories
We started working with AltFee last year, and it immediately helped us to improve our processes with pricing our matters. We are more efficient, consistent, and confident across our team! The team at AltFee is very helpful and super responsive! They have made the onboarding and execution phases quick and easy.
Ninette, Director of Client Services
Both clients and lawyers increasingly want flat rate legal services. AltFee helps me analyze my services and price flat rate projects intelligently and quickly. AltFee also helps me track my matters to create a constant feedback loop that lets me increase my revenue and decrease my administrative burden. It has quickly become one of the most essential components of my practice management software. To top it all off, the AltFee team has provided the best onboarding and support I have experienced.
Brian, Estate Planning Attorney
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
AltFee has been instrumental in allowing us to standardize and scale our pricing model. We're able to build dynamic engagements that are customized to our firm and clients. With organized historical data, we're able to price with confidence and maximize results.
John, CEO
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
FIRMS AROUND THE GLOBE CHOOSE ALTFEE
Resources
Helpful AFA Resources for Small + Mid-Size Firms
Articles
Recent Blog Articles
Articles to help and inspire you on your own AFA journey.
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