Profits Suffer When Firms Use AFAs, Report Shows
By Erin Coe ( July 30, 2014, 3:38 PM EDT) -- A new survey shows that most law firms are making less money on matters using alternative fee arrangements than on comparative matters billed hourly, a conclusion experts say signals that firms are struggling to grow their bottom lines with creative pricing options while competing against a minority of firms that have leveraged detailed budgeting systems to profit from the transition....
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