In-house attorneys routinely receive, review and compare alternative fee arrangement proposals and nearly all law firms regularly submit them, but parties often do not follow a disciplined approach to developing a realistic budget. Gregory Lantier, Natalie Hanlon Leh and Mindy Sooter have published a six-part series aimed at providing guidance to ensure that AFA proposals are meaningful and realistic to both clients and outside counsel. In part three of the series, the authors discuss five questions that every outside counsel should ask themselves before submitting a litigation AFA proposal. Read the full article.

Read the first and second article of the series: " 5 Questions to Ask Client Before Proposing a Litigation AFA" and " 5 Questions to Ask Firm Before Accepting a Litigation AFA."

Originally published by Law360

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