When billing clients on an AFA basis, is there a point to track time records? Keeping track of time worked on a matter has always been a pain, and too often inaccurate. In an AFA engagement, the client gets a product and why should he care how much time we spent?
Filed under: Alternative fee Arrangements, Hiring and training lawyers, Law firm associate efficiency, Law firm associates, Law firm financial reporting, Law firm management, Law firm management strategies, law firm project management, lawyer training, Legal Project management, Project management for law firms, Strategic law firm planning | Tagged: Hourly Billing, Law Firm Fin, Law Firm metrics | 6 Comments »