A Complete Guide to Alternative Fee Arrangements
Ditch the billable hour and give your clients price certainty.
Solo Practitioners
Pricing Power for Your Practice
Integrates with
Effortlessly Enhance Your Fixed Fee Pricing.
Who Likes Tracking Billable Hours?
Answer: no one. Say goodbye to tedious time tracking – AltFee puts client engagement first and simplifies your transition to Alternative Fee Arrangements (AFAs).
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Features
AltFee means more time, more profit and more growth for your practice.
Transform your legal pricing, make clients happier, and build fixed fees effortlessly.
Determine the Best Price for Each Client
Leverage AltFee as an extension of your team to create customized pricing for every client project. Accurately scope and price a project in minutes.
Value-Based Pricing Modifiers
Systematically consider more than just time when you price, to ensure you are capturing all of your value.
Reduce the Complexity of AFA Management
Communications, matter pricing, and optimization efforts take place using one comprehensive tool.
Organize your Pricing Strategy
Easily create matter pricing from our comprehensive template library, or start from scratch.
91%
The majority (91%) of law professionals agree that great technology is critical for client satisfaction.
84%
Of firms have confirmed that clients want more transparency with legal pricing.
94%
Of firms report bill write-offs due to lack of transparent pricing for clients.
Benefits
Be more open with clients about pricing, use automation to work smarter, and stay ahead in today's legal world.
Pricing Made Simple
Quickly and confidently price your client matters without having to rely on the traditional billable hour.
Give Clients Price Certainty
Meet clients where they are at financially and provide clear upfront pricing.
Do More With Less
Prevent overworking yourself with streamlined pricing management from conception to optimization.
Simple Transition
Make the transition to value-based and fixed fee pricing simple and efficient.
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 Solos
Articles
Recent Blog Articles
Articles to help and inspire you on your own AFA journey.
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