The most efficient and effective way of accessing legal advice and services is evolving. Historically, clients have paid law firms hourly rates. However, the private sector is increasingly moving away from this model towards more mutually beneficial fee charging mechanisms, commonly referred to as alternative fee arrangements.
These alternative fee arrangements can offer clear benefits to all parties, including greater innovation, efficiency, flexibility and transparency, so we want to encourage public and third sector organisations to adopt them when procuring their own legal advice and services.
This paper sets out the options available to you and helps you consider them, whether that’s in preparation for your future procurements or to help you adapt imminent and ongoing requirements. By following four simple steps throughout your procurement, commercial savings and benefits can be easily achieved within any legal services contract.