---
title: "In the News: AltFee Earns Finalist Spot at 2024 ABA TechShow StartUp Alley Competition"
description: AltFee has secured a coveted finalist position in the eighth-annual Startup Alley at ABA TECHSHOW 2024, set to take place in Chicago from Feb. 14-17.
image: https://www.altfeeco.com/hubfs/bean.jpeg
---

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### 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)

### 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)

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[![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)

The Future of Pricing in the Legal Industry: Embracing AI + Efficiency

[AI Whitepaper](https://www.altfeeco.com/get-your-free-ai-whitepaper) ![ai-whitepaper-banner](https://www.altfeeco.com/hubfs/ai-whitepaper-banner.png)

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[![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)

The Pricing Playbook for Modern Law Firms

[Free Playbook](https://www.altfeeco.com/get-your-free-pricing-playbook) ![The Pricing\_Playbook](https://www.altfeeco.com/hubfs/Stock%20Images/istockphoto-894315018-612x612-1.jpeg)

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# In the News: AltFee Earns Finalist Spot at 2024 ABA TechShow StartUp Alley Competition

See you in Chicago Feb 14-17th!

- By AltFee
- January 8, 2024

- [Resources](https://www.altfeeco.com/resources)
- In the News: AltFee Earns Finalist Spot at 2024 ABA TechShow StartUp Alley Competition

## AltFee Earns Finalist Spot at 2024 ABA TechShow StartUp Alley Competition

Read the full article announcing our selection on LawSites [here.](https://www.lawnext.com/2024/01/voting-is-closed-and-here-are-the-results-the-15-finalists-you-chose-to-be-in-the-2024-startup-alley-at-aba-techshow.html)

 

---

 

We are thrilled to announce that AltFee has secured a coveted finalist position in the eighth-annual Startup Alley at ABA TECHSHOW 2024, set to take place in Chicago from Feb. 14-17. The road to this achievement involved a rigorous selection process, including a call for entries, evaluation by a panel of judges, and voting by a global audience.

AltFee has garnered attention within the legal community for our groundbreaking approach to transforming law firm pricing. Our platform serves as a robust foundation for alternative fee structures, empowering firms to precisely assess and assign value to projects. In a landscape where AI and efficiency gains are rapidly shortening task timelines, AltFee ensures alignment between service prices and delivered value, fostering collaboration, data analysis, and confident scoping and pricing.

The competition at TECHSHOW 2024 will commence with an opening-night pitch event, where AltFee and the 14 other finalists will showcase their innovative platforms. Attendees at the conference will play a crucial role by voting for their favorites, determining the ultimate winners. The first-place recipient will receive a package of marketing and advertising prizes, and all 15 finalists, including AltFee, will have the unique opportunity to exhibit in a special Startup Alley section of the TECHSHOW exhibit hall.

This recognition underscores AltFee's commitment to reshaping the legal tech landscape and providing innovative solutions to challenges faced by law firms. We extend our heartfelt thanks to our community of supporters and are eager to make a significant impact at ABA TECHSHOW 2024! Stay tuned for more updates on AltFee's journey.

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#### 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

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