5 Questions All AFAs Should Answer Clearly

Originally published by Law360

In-house attorneys routinely receive, review and compare alternative fee arrangement proposals and nearly all law firms regularly submit them, but parties often do not follow a disciplined approach to developing a realistic budget. Partners Gregory Lantier, Natalie Hanlon Leh and Mindy Sooter have published a six-part series aimed at providing guidance to ensure that AFA proposals are meaningful and realistic to both clients and outside counsel. In part five of the series, the authors discuss five questions that all AFAs should answer clearly. Read the full article.

Read the previous articles in the series:

• 5 Questions to Ask Client Before Proposing a Litigation AFA (part one)