X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(Credit: Mmaxer/Shutterstock.com)

Many predicted that technology would bring the downfall of the billable hour, yet the payment model has showed continued strength throughout 2016. But while the billable hour has kept a pretty tight hold on the legal industry, alternative fee agreements (AFAs) have grown substantially in the last few years.

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.