What the Heck Is the Fee Agreement?

Track: Pricing & Profitability

Session Number: 2117
Date: Fri, Jun 14th, 2019
Time: 8:30 AM - 9:30 AM

Description:

Do you spend exorbitant amounts of time tracking down fee agreements for different clients/matters? Do you have issues reporting on and understanding the volume, profitability levels, and different types of AFAs your firm handles? In this session you will hear from four professionals at varying sized firms who have been working through these challenges for a number of years and come up with creative solutions that they will share with you. During this session we will focus on providing key take-aways based on our real world experience, providing demos of our solutions and sharing both what has worked well and what has not. Each presenter will walk the audience through a number of challenges that were specific to their firm and different ways they were able to create solutions to those challenges based on the different types of resources they had available to them. The presenters all hold different levels of seniority and come from various sized firms to provide a range of benefits to the broadest audience possible.

Session Type: Expert Panel

Learning Objectives: Discuss resources needed (technology, people, and organizational support) to develop a system that will allow you to track, analyze and report on fee agreements.
Learning Objective 2: Identify best practices that should be taken when implementing a fee tracking solution.
Learning Objective 3: Describe the benefits and drawbacks of implementing various different types of agreement tracking solutions.
Body of Knowledge (BOK) Domain: Business of Law
Content Level: Advanced
Session Type: Expert Panel

Learning Objectives: Discuss resources needed (technology, people, and organizational support) to develop a system that will allow you to track, analyze and report on fee agreements.
Learning Objective 2: Identify best practices that should be taken when implementing a fee tracking solution.
Learning Objective 3: Describe the benefits and drawbacks of implementing various different types of agreement tracking solutions.
Body of Knowledge (BOK) Domain: Business of Law
Content Level: Advanced