This session will be the first public presentation of the complete results of the LegalBizDev Survey of Alternative Fees.
This webcast will explore how AmLaw 100 firms are structuring alternative fees, including tactics that are sustainable and make business sense for both sides.
From June to September 2009, senior decision makers from 37 AmLaw 100 firms were interviewed about what works for alternative fees, and what does not. Participants included 9 chairmen and managing partners, 16 executives (primarily CEOs, CFOs, and CMOs), and 22 senior partners, many of whom headed alternative fee committees.
The session will review the results of this research, including:
Differences between practice groups
Alternative fee revenue, now and in the future
What clients want
Aggressive vs. conservative bidding strategies
Nine common types of alternative fees, and how they are used
Expert predictions for the future
Recommendations for large law firms, for small ones, and for inside counsel
A complete report of the survey results will be released around the time of this webcast. Purchasers of this webcast will receive a copy of the Preview Edition of the report plus a $50 discount good toward the purchase of the full report. The discount will expire on December 31, 2009.
Jim Hassett has moderated three previous webcast panels on this topic that may also be of interest:
How Boutique Firms are Delivering Greater Value with Alternative Billing
How Large Firms are Delivering Greater Value with Alternative Billing
Alternative Billing: How to Implement Sustainable Programs for the Long Run
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
