AFAs Trending Down in U.S. and U.K.

In a surprise finding, a three-year climb in the use of alternative fee arrangements to pay outside counsel has abated, according to a survey of in-house counsel.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Continue to Lexis Advance®

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at

What's being said

  • R.Brzakala

    The downward shift in utilizing AFAs may be a result of market conditions over the past 5 years. As we are still making our way out of the great recession, many external law firms were on the receiving end of the AFA stick over the past few years, perhaps so much so that a drop in the utilization of AFAs may not necessarily be an indication of there being a lack in the confidence of how successful AFAs ultimately are, but simply that the legal market place has reached a saturation point where clients are getting what they want from the firms in terms of pricing concessions and predictability. Perhaps also, many AFAs may have a fixed term tied to the fixed pricing component which in effect eliminates the need to have to re-address an arrangement until a later date. We may just be seeing the ebb.

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202589762043

Thank you!

This article's comments will be reviewed.

Recommended for You