Beyond our highly competitive fee rates, Chang Law is an industry leader in providing innovative alternatives to the hourly billable fee structure. The commercial reality is that the traditional hourly fee structure does not fit every client or every situation. Alternative Fee Arrangements, or AFA’s, are designed to accommodate clients who seek innovative solutions to fit their particular business needs.
AFA’s allow us to partner with you, and share in both the legal fees and outcome of your case. Sharing in your legal risks means we invest some, or all, of our fees in your case; in return, we earn a specified fee based on agreed set of criteria. A well-structured AFA aligns our incentives with you, and balances the investment and shared risk taken on by us with your business objectives for success in the matter. We will always keep AFA agreements in strict confidence.
We encourage you to challenge us to provide you with an innovative alternative fee arrangement that will suit your particular legal issue and your specific business needs. Below, you will find some useful information about different types of AFA’s.