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  • Legal Project Management, Pricing, and Alternative Fee Arrangements

    October 2014

    Rating: Published: 2013 Legal Project Management, Pricing, and Alternative Fee Arrangements is written by Jim Hassett and has probably the longest, most cumbersome title of any book I’ve ever read! Thankfully the content is better than the title. The main focus of this book is really alternative fee arrangements, or AFA’s as they are often known. Legal Project Management (LPM) is an essential discipline to be able to use AFA’s profitably, and Hassett has chosen to introduce LPM first. Like many books on the legal sector, it makes reference to the Altman Weil surveys. These annual surveys really do provide great insight into the sector. Hassett quotes a general counsel responses to the 2012 Chief Legal Officer Survey on the question of: “what you would most like to see from outside counsel?” the answers to which were: Cost reduction (50%) Non-hourly based pricing structures (53%) More efficient project management (53%)…

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