Legal Times: Does McKenna Long & Aldridge use alternative fees much?
Joanne Zimolzak: We have an entire committee devoted to alternative fee arrangements. When an alternative fee arrangement comes in, it is submitted to the committee for vetting and approval. We have done a variety of [alternative fee] arrangements. It can be a situation where you would have a 20 percent reduction in fees contingent upon a certain result and if you get the result you could get restoration of the fees and perhaps a success fee on top of that. Some of them are more of a straight discount situation. [In] another scenario you might have a certain rate up to a certain dollar amount that would be tied to your budget. And then the rate could vary from there depending on how accurate your predictions are.
