--- title: Get Your Free Report - AltFee image: https://www.altfeeco.com/hubfs/LG%231-LP-Hero-2.png --- [Find your perfect AltFee pricing path: **Self-directed or Expert-led—We have your solution**](https://www.altfeeco.com/start-here-find-your-perfect-pricing-path-self-directed-or-expert-led?hsLang=en) [![](https://www.altfeeco.com/hubfs/AltFee-Logo.svg)](https://www.altfeeco.com/?hsLang=en) [Product](https://www.altfeeco.com/product?hsLang=en) [Pricing](https://www.altfeeco.com/pricing?hsLang=en) [Firm Size](https://www.altfeeco.com/get-your-free-report#firm-size) ### Solo Practitioner [![mega-menu-thumb01](https://www.altfeeco.com/hubfs/mega-menu-thumb01.png) **Solo Practitioner** Whether your practice is just getting off the ground or in the process of growing, AltFee has pricing solutions for you. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/solo-practitioners?hsLang=en) ### Small to Mid-Size [![mega-menu-thumb02](https://www.altfeeco.com/hubfs/mega-menu-thumb02.png) **Small + Mid-Size** Scope, manage, and collaborate on pricing for all your projects with one comprehensive tool. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/small-mid-firms?hsLang=en) ### Large Firms [![mega-menu-thumb03](https://www.altfeeco.com/hubfs/mega-menu-thumb03.png) **Large Firms** Get the all-in-one pricing tool that allows you to scope, manage, and collaborate on your large firm’s AFAs. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/large-firms?hsLang=en) The Future of Pricing in the Legal Industry: Embracing AI + Efficiency [AI Whitepaper](https://www.altfeeco.com/get-your-free-ai-whitepaper?hsLang=en) ![ai-whitepaper-banner](https://www.altfeeco.com/hubfs/ai-whitepaper-banner.png) [Resources](https://www.altfeeco.com/resources?hsLang=en) ### Resources [![articles](https://www.altfeeco.com/hubfs/articles.svg) **Articles** Articles to inspire you on your AFA journey.](https://www.altfeeco.com/resources/tag/articles?hsLang=en) [![webinars](https://www.altfeeco.com/hubfs/webinars.svg) **Webinars** On-demand and live events, CLE/CPD webinars, interactive workshops, and more.](https://www.altfeeco.com/resources/tag/webinars?hsLang=en) [![podcasts](https://www.altfeeco.com/hubfs/podcasts.svg) **Podcasts** Helping legal professionals receive timely and actionable advice on AFAs in a convenient audio format.](https://www.altfeeco.com/resources/tag/podcasts?hsLang=en) [![case-studies](https://www.altfeeco.com/hubfs/case-studies.svg) **Case Studies** How AltFee is helping law firms across the globe.](https://www.altfeeco.com/resources/tag/case-studies?hsLang=en) ### AFA Law Firms [![law-firm-directory](https://www.altfeeco.com/hubfs/law-firm-directory.svg) **Law Firm Directory** Find legal providers worldwide offering non-hourly pricing options.](https://www.altfeeco.com/afa-law-firm-directory?hsLang=en) [![AltFee\_Modern-Pricing\_Certified](https://www.altfeeco.com/hubfs/AltFee_Modern-Pricing_Certified_T.png) **Modern Pricing Certification** Recognizing innovative modern pricing law firms.](https://www.altfeeco.com/resources/modern-pricing-certified?hsLang=en) ### Tools [![roi-calculator](https://www.altfeeco.com/hubfs/roi-calculator.svg) **ROI Calculator** See your single matter and annual revenue impact with AFA's.](https://www.altfeeco.com/roi-calculator?hsLang=en) The Pricing Playbook for Modern Law Firms [Free Playbook](https://www.altfeeco.com/get-your-free-pricing-playbook?hsLang=en) ![The Pricing\_Playbook](https://www.altfeeco.com/hubfs/Stock%20Images/istockphoto-894315018-612x612-1.jpeg) [Login](https://app.altfeeco.com/) [Book A Call](https://www.altfeeco.com/get-a-demo-scheduler?hsLang=en) [Product](https://www.altfeeco.com/product?hsLang=en) [Pricing](https://www.altfeeco.com/pricing?hsLang=en) [Firm Size](https://www.altfeeco.com/get-your-free-report#firm-size) ### Solo Practitioner [![mega-menu-thumb01](https://www.altfeeco.com/hubfs/mega-menu-thumb01.png) **Solo Practitioner** Whether your practice is just getting off the ground or in the process of growing, AltFee has pricing solutions for you. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/solo-practitioners?hsLang=en) ### Small to Mid-Size [![mega-menu-thumb02](https://www.altfeeco.com/hubfs/mega-menu-thumb02.png) **Small + Mid-Size** Scope, manage, and collaborate on pricing for all your projects with one comprehensive tool. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/small-mid-firms?hsLang=en) ### Large Firms [![mega-menu-thumb03](https://www.altfeeco.com/hubfs/mega-menu-thumb03.png) **Large Firms** Get the all-in-one pricing tool that allows you to scope, manage, and collaborate on your large firm’s AFAs. Learn More ![](https://www.altfeeco.com/hubfs/learn-more-arrow.png)](https://www.altfeeco.com/firm-size/large-firms?hsLang=en) The Future of Pricing in the Legal Industry: Embracing AI + Efficiency [AI Whitepaper](https://www.altfeeco.com/get-your-free-ai-whitepaper?hsLang=en) ![ai-whitepaper-banner](https://www.altfeeco.com/hubfs/ai-whitepaper-banner.png) [Resources](https://www.altfeeco.com/resources?hsLang=en) ### Resources [![articles](https://www.altfeeco.com/hubfs/articles.svg) **Articles** Articles to inspire you on your AFA journey.](https://www.altfeeco.com/resources/tag/articles?hsLang=en) [![webinars](https://www.altfeeco.com/hubfs/webinars.svg) **Webinars** On-demand and live events, CLE/CPD webinars, interactive workshops, and more.](https://www.altfeeco.com/resources/tag/webinars?hsLang=en) [![podcasts](https://www.altfeeco.com/hubfs/podcasts.svg) **Podcasts** Helping legal professionals receive timely and actionable advice on AFAs in a convenient audio format.](https://www.altfeeco.com/resources/tag/podcasts?hsLang=en) [![case-studies](https://www.altfeeco.com/hubfs/case-studies.svg) **Case Studies** How AltFee is helping law firms across the globe.](https://www.altfeeco.com/resources/tag/case-studies?hsLang=en) ### AFA Law Firms [![law-firm-directory](https://www.altfeeco.com/hubfs/law-firm-directory.svg) **Law Firm Directory** Find legal providers worldwide offering non-hourly pricing options.](https://www.altfeeco.com/afa-law-firm-directory?hsLang=en) [![AltFee\_Modern-Pricing\_Certified](https://www.altfeeco.com/hubfs/AltFee_Modern-Pricing_Certified_T.png) **Modern Pricing Certification** Recognizing innovative modern pricing law firms.](https://www.altfeeco.com/resources/modern-pricing-certified?hsLang=en) ### Tools [![roi-calculator](https://www.altfeeco.com/hubfs/roi-calculator.svg) **ROI Calculator** See your single matter and annual revenue impact with AFA's.](https://www.altfeeco.com/roi-calculator?hsLang=en) The Pricing Playbook for Modern Law Firms [Free Playbook](https://www.altfeeco.com/get-your-free-pricing-playbook?hsLang=en) ![The Pricing\_Playbook](https://www.altfeeco.com/hubfs/Stock%20Images/istockphoto-894315018-612x612-1.jpeg) [Login](https://app.altfeeco.com/) [Book A Call](https://www.altfeeco.com/get-a-demo-scheduler?hsLang=en) ![LG#1-LP-Hero-2](https://www.altfeeco.com/hubfs/LG%231-LP-Hero-2.png) #### AltFee Presents: # Legal Industry Pricing Report 2023 The use of AFAs in the legal industry is growing rapidly. In this first-ever AFA pricing trends report, we uncover: - Law firms make more money using AFAs compared to the billable hour - Law firms need to build scoping and pricing systems that enable more than just senior team members to take part in the pricing process - The majority of law firms are always considering the value they provide when pricing, but do not have a systematic approach to align value with fees ### Get Your Free Report AltFee is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you. You may unsubscribe from these communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our [Privacy Policy](https://www.altfeeco.com/privacy-policy-cookie-policy?hsLang=en). ![](https://www.altfeeco.com/hubfs/raw_assets/public/Altfee/images/airplane.png) 90.9% **90.9%** of firms surveyed make the same or more money using a non-hourly billing approach versus the traditional billable hour model 85.3% **85.3%** of surveyed law firms say they consider using non-hourly pricing for new matters 79.8% **79.8%** of surveyed law firms utilize value-based pricing strategies ## Uncover the Latest Trends in AFA Pricing The Legal Industry Pricing Report 2023 aims to understand the current state of AFA pricing in the legal industry, including its growth, the conversation from a lawyer and client’s perspective, and how technology adoption is assisting AFA implementation. By surveying legal professionals across the world, the report showcases that AFAs are contributing to increased profits for firms, better use of technology, and better work-life balance and working conditions for legal professionals. [View Report](https://www.altfeeco.com/get-your-free-report#top) ## FIRMS AROUND THE GLOBE CHOOSE ALTFEE ![STG\_logo-gray](https://www.altfeeco.com/hubfs/STG_logo-gray.png) ![Werner-Law-and-Planning-Gray](https://www.altfeeco.com/hubfs/Werner-Law-and-Planning-Gray.png) ![DL&Co\_logo\_icon\_gray\_RGB](https://www.altfeeco.com/hubfs/DL%26Co_logo_icon_gray_RGB.png) ![Temple\_Law\_website](https://www.altfeeco.com/hubfs/External%20Logos/Temple_Law_website.png) ![CompanyCounselLLC\_gray-1](https://www.altfeeco.com/hubfs/CompanyCounselLLC_gray-1.png) ![Anomaly\_Logo\_G](https://www.altfeeco.com/hubfs/Anomaly_Logo_G.png) ![CCidentity\_gray2](https://www.altfeeco.com/hubfs/CCidentity_gray2.png) ![H-Logo-RACE\_Gray](https://www.altfeeco.com/hubfs/H-Logo-RACE_Gray.png) ![Logo-SB-Abogados\_gray2](https://www.altfeeco.com/hubfs/Logo-SB-Abogados_gray2.png) ![Clarity\_law2\_gray](https://www.altfeeco.com/hubfs/Clarity_law2_gray.png) ![MillerTiterle-Logo-gray](https://www.altfeeco.com/hubfs/MillerTiterle-Logo-gray.png) ## What is AltFee? We recognized that law firms need a pricing tool that provides knowledge management and collaboration to make managing AFAs easy and efficient. Drawing on our team’s over 60 years of combined legal experience within the legal industry, AltFee was born. ![features-02](https://www.altfeeco.com/hubfs/features-02.png) ![List](https://www.altfeeco.com/hubfs/List.svg) #### Price with Confidence Apply the software’s pricing analytics in your strategy to create and optimize your pricing templates. ![features03](https://www.altfeeco.com/hubfs/features03.png) ![collaborate](https://www.altfeeco.com/hubfs/collaborate.png) #### Collaborate with Your Team Built-in comments and notifications allow you and your team to optimize your pricing strategy in one place. ![features-templates](https://www.altfeeco.com/hubfs/features-templates.png) ![organize](https://www.altfeeco.com/hubfs/organize.png) #### Stay Organized Straightforward navigation and customizable guidelines mean that client matters and templates are kept separate while still being easy to find. ![features-clio](https://www.altfeeco.com/hubfs/features-clio.png) ![connect](https://www.altfeeco.com/hubfs/connect.png) #### Connect with Clio Client information that’s updated in Clio automatically updates in AltFee, so you can be sure you’re always working with the latest data. ![](https://www.altfeeco.com/hubfs/raw_assets/public/Altfee/images/divider.svg) ## Ready to Optimize Prices & Boost Revenue? Start providing cost certainty to improve revenue and collections with AltFee. [Book A Call](https://www.altfeeco.com/get-a-demo-scheduler?hsLang=en) [Learn More](https://www.altfeeco.com/start-here-find-your-perfect-pricing-path-self-directed-or-expert-led?hsLang=en) [![](https://www.altfeeco.com/hubfs/AltFee-Logo.svg)](https://www.altfeeco.com/?hsLang=en) AltFee maximizes your legal pricing workflow, improving collaboration and the efficiency of your law firm while boosting collection rates and revenue. [Contact Us](https://www.altfeeco.com/contact?hsLang=en) [Book a Call](https://www.altfeeco.com/get-a-demo-scheduler?hsLang=en) [Follow us on LinkedIn](https://www.linkedin.com/company/altfee) [Follow us on Facebook](http://www.twitter.com/altfeeco) ### Site Map - [Login](https://app.altfeeco.com) - [About Us](https://www.altfeeco.com/about-us) - [Product](https://www.altfeeco.com/product) - [Pricing](https://www.altfeeco.com/pricing) - [ROI Calculator](https://www.altfeeco.com/roi-calculator) - [AFA Firm Directory](https://www.altfeeco.com/afa-law-firm-directory) - [Modern Pricing Certification](https://www.altfeeco.com/resources/modern-pricing-certified) - [Legal Software Explained](https://www.altfeeco.com/legal-software) - [Resources](https://www.altfeeco.com/resources) ### Become an AltFee Insider Sign up for our newsletter to get the latest news and updates, delivered directly to your inbox. ### Want to see AltFee in action? ### Send Us A Message #### Pricing a Single Matter Select a typical matter: Company Incorporation Will Shareholders Agreement Trademark Registration M&A Share Sale Employment Agreement Review Contested Divorce Civil Litigation Commercial Property Sale ##### Without AltFee (Hourly) Number of hours to complete matter Average blended hourly rate $ Average revenue collected 75% is industry average (taking into consideration both billing realization rate & collection rate) % ##### With AltFee Expected revenue increase using AltFee % Expected collection rate using AltFee Percentage of your billed fees which are actually collected % ##### Totals Amount recorded for the matter = total number of hours to complete matter x average blended hourly rate #### $ 1750 Net amount earned by law firm = amount recorded for the matter x average revenue collected #### $ 1313 ##### AltFee Impacted Totals Amount billed to client #### $ 2100(+ $345) Net amount earned by law firm #### $ 2058 (+ $745) #### AltFee Annual Impact ##### Firm-Wide AltFee Impact Number of billing individuals in firm Estimated number of AltFee priced matters (per individual, annually) ##### Annual revenue increase to firm #### + $186,375 Note: This calculator is for illustrative purposes only © 2026 AltFee Solutions Inc., All Rights Reserved - [Privacy Policy & Cookie Policy](https://www.altfeeco.com/privacy-policy-cookie-policy) - [Terms & Conditions](https://www.altfeeco.com/terms-and-conditions) - [Security](https://www.altfeeco.com/security) - [Contact](https://www.altfeeco.com/contact)