Analysis

Why General Counsel Won't Dump The Billable Hour

Law360 (March 22, 2019, 3:33 PM EDT) -- While many general counsel say they are open to experimenting with alternative fee arrangements, they simultaneously admit the standard practice of hourly billing won't go away anytime soon, largely because it's often the most feasible and there isn't a different universal option.

Typically an alternative fee arrangement, or AFA, refers to any method other than the straight billable hour to pay for outside counsel to work on a matter. Experts say the dominant AFA is a fixed or flat fee, but there is a diverse assortment of other methods — contingency, fee cap, success bonus — that in-house counsel can explore....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS