Toby Brown sat down with Shy Alter on Monday and had a great conversation on where law firms (and clients) are in the transition to Alternative Fee Arrangements (AFAs) versus traditional Billable Hour work. I’ve embedded the video (and it will pick up right as Toby is being introduced. It is a very informative 6
Beating a Dead Dewey Horse
 |
| Image [cc] lightsight |
Although more than enough has been written about the impending demise of Dewey and the relative causes, I decided to go ahead and add my 2 cents to the dialog.
A recent blog post on the subject caught my eye. It made the assertion that, “Whether it’s Davis’s earlier “10-to-1″ spread, the
Is "Self-Help" a Good Thing Or a Bad Thing?
 |
| Image [cc] Iain Farrell |
The theme of “self-help” has popped up in a number of my conversations lately. I’m talking about work that lawyers used to rely upon others to handle, that they are now handling themselves. Whether it is pulling PACER dockets, case law, Shepardizing, filing court documents, or typing up their own documents,
A New LPM / AFA Tool on the Market
The End of Traditional Billing (with no question mark)
Recently I came to the conclusion that the proper way to make a bold statement without having to truly defend it is by adding a question mark to the end of it. That way you can say you are only implying a possible outcome and not actually making a statement. This blog post, in contrast,
The Value in Value Billing for Law Firms
For the upcoming COLPM Futures Conference, I was tasked with defining value in value billing for law firms. This is a great problem to tackle. I think the market has given us a lengthy list of value billing propositions clients want, but absent getting full-rates (which is a myth by the way), not many
Using River Logic to Build AFAs
A recent post on Slaw highlighted an interesting tool called eGanges which employs the Ishikawa Fishbone approach to solving legal problems. This approach uses river logic in contrast to a decision tree approach. Beyond the wonderful ‘Ishikawa Fishbone’ name, I see some potential applications in the AFA world for a tool like this and river
I don't care what it costs!
I was in Nashville last week at the ILTA conference and Alternative Fee Arrangements were all the rage. My good friend Toby Brown, or as I like to call him Reverend Pricing, will be the first to tell you that the greatest, most brilliantly structured AFA does you no good if you can’t control costs.
Don't Be Shy! Help Make the Impossible Possible
Although we know that many of you 3Geek readers are extremely shy about expressing your opinions, we invite you to share your thoughts, visions, and suggestions here to help shape one of the BarCamp sessions at the upcoming ILTA Conference. Note that we encourage you to comment whether or not you’re planning to attend
The “Other” ILTA Options
The annual ILTA conference, coming up next week, is one of the best educational and networking opportunities out there. The program offerings are overwhelming, both in number and quality. The topics, although grounded in technology, reach out into almost every corner of law firm functions. This results in a great environment for sharing ideas,