5 Questions To Ask Firm Before Accepting A Litigation AFA

By Gregory Lantier, Natalie Hanlon Leh and Mindy Sooter (July 11, 2017, 9:51 AM EDT) -- In-house attorneys routinely receive, review and compare alternative fee arrangement proposals and nearly all law firms regularly submit them, but the parties often do not follow a disciplined approach in developing a realistic budget. In this series of six articles, we provide guidance to ensure that AFA proposals are meaningful and realistic to both the client and outside counsel. In this second article in the series, we discuss five questions that every client should ask the law firm before accepting an AFA proposal for a litigation matter....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.

A Law360 subscription includes features such as