More GCs 'Dabbling' In AFAs As IP Work Pours Into Big Firms

By Andrew Strickler (May 19, 2015, 12:01 AM EDT) -- Alternative fee arrangements continued to creep into BigLaw invoices last year, becoming more popular among general counsel in areas like commercial contracts, corporate work and transactions, while the largest firms saw more intellectual property work come their way, according to a LexisNexis Group report Tuesday.

The overall percentage of work being done under nonhourly fee deals remained steady last year at 9 percent, but an analysis of firm invoices found 76 percent of in-house departments engaging in some form of AFA with their outside counsel in 2014, according to the Enterprise Legal Management Trends Report. That's up from 67 percent in...

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