Making alternative fee arrangements work

Alternative fee arrangements are now well on their way to becoming standard within the IP and broader legal services market

Alternative fee arrangements (AFAs) are now well on their way to becoming standard within the intellectual property (IP) and broader legal services market, replacing traditional attorney hourly billing for an increasing number of tasks.

This movement was fuelled initially by the global financial crisis, spurring in-house counsel to reassess their external legal spend and to seek greater cost efficiencies – not only in lower-level administrative processes, but also in more substantive IP and legal work, such as patent prosecution. The aim: to save both time and cost, without compromising on quality of output.

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Jayne Durden

Jayne Durden, Head of Client Solutions Architecture, CPA Global, is a trademark attorney and solicitor. She is experienced in working in large and boutique...

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