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. 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 three of the series, the authors discuss five questions that every outside counsel should ask themselves before submitting a litigation AFA proposal. Read the full article.
Read the other articles in the series:
- 5 Questions to Ask Client Before Proposing a Litigation AFA (part one)
- 5 Questions to Ask Firm Before Accepting a Litigation AFA (part two)
- 5 Questions Firm Should Ask Before Approving Litigation AFA (part four)
- 5 Questions All AFAs Should Answer Clearly (part five)
- 5 Questions to Ask Before Entering Joint-Representation AFA (part six)