Wednesday Wisdom- Alternative Fee Arrangements
Don’t be fooled into thinking that your only options in Rocket Matter are Hourly, Contingency or Flat Fee. You can implement Alternative Fee Arrangements by setting up your matter with an initial billing method and then editing your matter when the time comes for you to switch gears.
Our ‘dollar sign’ also provides you with the flexibility of entering hourly time or flat fees! AFA’s are becoming increasingly popular in addition to being easier for your clients to understand. Let’s not forget, implementing AFA’s can lead to a boost in revenue!