Alternative Fee Arrangements: Answering the 3 Most Common Questions In-House Legal Teams Have About Alternative Fee Arrangements

Event Description

Alternative fee arrangements (AFAs) aren’t new to the legal industry, but they are growing in popularity. This is particularly true as in-house teams brace for a recession and are looking for new ways to manage costs — while still getting the help they need from outside firms.

 

Join us on Tuesday, August 23, at 12pm ET for the next edition of our Legal Innovation Spotlight Series as, David Falstein, PERSUIT’s VP of client strategy & success, and Maui Gevero, PERSUIT’s senior manager of legal pricing innovation, will answer three of the most common questions in-house teams have about alternative fee arrangements:

 

1) What if a matter is unpredictable? Can I still use an AFA to better manage costs?
2) What if things change? Can we change the AFA to reflect the new situation? What if the case is dismissed? What if a matter takes significantly more or less work than we thought it would?
3) Is there always a winner and a loser in every AFA negotiation? How can you create a scenario where both the client and law firm win?

 

After their presentation, David and Maui will stay to answer any questions you have about AFAs. Join us for this interactive session!

 

Who Should Attend

This program is designed for in-house counsel who are responsible for managing or supervising outside counsel and/or the legal department budget and are interested in better understanding Alternative Fee Arrangements.

 

CLE Information

This program is APPROVED for CLE credit in the following states:  PA, CA

This program is pending CLE credit in the following states:  NY, IL, TN, TX, OH, MN, NC, WA, GA, IN, KY

This program is pending CPD credit by the Law Sociality of British Columbia..

This program is pending CLE credit for self-application by the attorney or for reciprocal CLE credit in the following states: AZ, CT, FL, ME, MT, NJ, & ND.

 

There is NO COST to attend this program!

This program is FREE thanks to our gracious sponsor, PERSUIT!

 

Virtual Networking

After Audience Q&A, all are invited to engage in virtual networking (video cameras ON), where you can meet our speakers, share best practices, and network with in-house counsel and legal professionals from across North America!

 

Recording

This event will be recorded and posted within 10 days after the event, along with the presentation slides. Note, the recording is NOT CLE eligible.

 

Tuesday, August 23, 2022, 2022, via Live Zoom Video Conference

12:00 pm -1:30 pm ET: Live Presentation followed by Audience Q&A

David Falstein, PERSUIT, VP of Client Strategy & Success 

David comes from the legal sourcing world and loves creative pricing models. When he’s not helping clients build the perfect RFP or AFA, David is probably building a sub-par fantasy football team.

 

Maui Gevero, PERSUIT, Senior Manager of Legal Pricing Innovation

Maui Gevero is a former Senior Pricing Analyst at Latham & Watkins. There he immersed himself in RFPs, complex AFA structuring, and multi-year panel engagements. His favorite project was building the financial vetting and modeling structure of Latham’s Litigation Investment Contingency Program. Prior to that role he spent six years as an analyst at Goldman Sachs. He is an avid snowboarder and enjoys backpacking in his free time.

Title:
Alternative Fee Arrangements: Answering the 3 Most Common Questions In-House Legal Teams Have About Alternative Fee Arrangements

Time:
Tuesday, August 23, 2022 12:00 PM

Timezone:
America/New_York

David Falstein, PERSUIT, VP of Client Strategy & Success 

David comes from the legal sourcing world and loves creative pricing models. When he’s not helping clients build the perfect RFP or AFA, David is probably building a sub-par fantasy football team.

 

Maui Gevero, PERSUIT, Senior Manager of Legal Pricing Innovation

Maui Gevero is a former Senior Pricing Analyst at Latham & Watkins. There he immersed himself in RFPs, complex AFA structuring, and multi-year panel engagements. His favorite project was building the financial vetting and modeling structure of Latham’s Litigation Investment Contingency Program. Prior to that role he spent six years as an analyst at Goldman Sachs. He is an avid snowboarder and enjoys backpacking in his free time.

Title:
Alternative Fee Arrangements: Answering the 3 Most Common Questions In-House Legal Teams Have About Alternative Fee Arrangements

Time:
Tuesday, August 23, 2022 12:00 PM

Timezone:
America/New_York

Alternative Fee Arrangements: Answering the 3 Most Common Questions In-House Legal Teams Have About Alternative Fee Arrangements

About the Event

Alternative fee arrangements (AFAs) aren’t new to the legal industry, but they are growing in popularity. This is particularly true as in-house teams brace for a recession and are looking for new ways to manage costs — while still getting the help they need from outside firms.

 

Join us on Tuesday, August 23, at 12pm ET for the next edition of our Legal Innovation Spotlight Series as, David Falstein, PERSUIT’s VP of client strategy & success, and Maui Gevero, PERSUIT’s senior manager of legal pricing innovation, will answer three of the most common questions in-house teams have about alternative fee arrangements:

 

1) What if a matter is unpredictable? Can I still use an AFA to better manage costs?
2) What if things change? Can we change the AFA to reflect the new situation? What if the case is dismissed? What if a matter takes significantly more or less work than we thought it would?
3) Is there always a winner and a loser in every AFA negotiation? How can you create a scenario where both the client and law firm win?

 

After their presentation, David and Maui will stay to answer any questions you have about AFAs. Join us for this interactive session!

 

Who Should Attend

This program is designed for in-house counsel who are responsible for managing or supervising outside counsel and/or the legal department budget and are interested in better understanding Alternative Fee Arrangements.

 

CLE Information

This program is APPROVED for CLE credit in the following states:  PA, CA

This program is pending CLE credit in the following states:  NY, IL, TN, TX, OH, MN, NC, WA, GA, IN, KY

This program is pending CPD credit by the Law Sociality of British Columbia..

This program is pending CLE credit for self-application by the attorney or for reciprocal CLE credit in the following states: AZ, CT, FL, ME, MT, NJ, & ND.

 

There is NO COST to attend this program!

This program is FREE thanks to our gracious sponsor, PERSUIT!

 

Virtual Networking

After Audience Q&A, all are invited to engage in virtual networking (video cameras ON), where you can meet our speakers, share best practices, and network with in-house counsel and legal professionals from across North America!

 

Recording

This event will be recorded and posted within 10 days after the event, along with the presentation slides. Note, the recording is NOT CLE eligible.

 

Tuesday, August 23, 2022, 2022, via Live Zoom Video Conference

12:00 pm -1:30 pm ET: Live Presentation followed by Audience Q&A

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