Alternative Billing Arrangements Seminar

Helmsing Leach sponsored an internal seminar on October 13, 2011, on alternative billing arrangements (ABA) to straight billable-hour fee contracts.  The seminar, presented by Jim Newman and Joe Babington and attended by 13 firm lawyers, focused on various alternative fee arrangements and how these can provide clients with greater certainty and predictability for budgeting legal fees and expenses in certain litigation matters and other types of work. Recent trends were discussed, including the firm’s experience that, if structured properly, ABA can more closely align client and attorney expectations and interests and provide a fairer and more cost-effective compensation arrangement. The firm has entered into ABA with several existing clients and is willing to consider ABA in appropriate situations.