A recent ALM sur­vey con­firms LegalEye’s Con­sult­ing prac­tice expe­ri­ence regard­ing the slow adop­tion of AFAs.  We find that there is much more rhetoric about AFAs than action.  The excep­tion is with insur­ance car­ri­ers, who have been at the fore­front of AFA adop­tion for the past few years.

Both sides strug­gle with many aspects of man­ag­ing the shift­ing of risk from client to firm, and one such area is bud­get­ing.  Here is a link to an arti­cle I co-authored on Bud­get­ing for AFAs Under Com­plex Mat­ters for Lit­i­ga­tion Man­age­ment Mag­a­zine (Sum­mer 2012).  I hope you find it infor­ma­tive.