Four certainties about alternative fee arrangements

As history proves time and again, great rewards can’t be reaped without a willingness to shoulder some risk.

Industry viewpoints on alternative fee arrangements (AFAs) tend to fall into two camps. There are those who say AFAs are redefining the industry and those who say they’ve heard that for the better part of decade.

According to the latter, it hasn’t happened. Not yet.

Contributing Author

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Kris Satkunas

Kris Satkunas is director of Strategic Consulting at LexisNexis CounselLink.

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