Description
In an address at the author’s club in June, 1899, , Mark Twain advised, “I believe you keep a lawyer. I have always kept a lawyer, too, though I have never made anything out of him. It is a service to an author to have a lawyer. There is something so disagreeable in having a personal contact with a publisher.” Just as Twain found it advisable to keep a lawyer, so too do many corporations. The efficiency gained through such an effective partnership often benefits both the client and the firm. And as corporations and other clients become more conscientious about the price and value of that partnership, many have entered into alternative fee arrangements, or AFAs. In this program, our experts, Jackie Brettner and Harry Barton, of Carver, Darden, Koretzky, Tessier, Finn, Blossman and Areaux will review a brief history of the development of the AFA and commonly used AFAs, evaluate the perspective of stakeholders, scrutinize conditions that are favorable and unfavorable for AFAs, and then examine the ethical implications of each type.
See CLE State Accreditation for credit details.
If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via on-demand.