Case Study: DL&Co. achieves higher realization rates and stronger pricing collaboration with AltFee

DL&Co. Takes Their AFA System to New Levels with AltFee

DL&Co., a 25-person law firm in Vancouver, was looking to elevate its existing manual system for alternative fee arrangements (AFAs). The firm needed a centralized, collaborative tool to help its entire team scope and price client projects more effectively and confidently. To achieve these gains in efficiency and innovation, they turned to the software from vendor AltFee.

By implementing AltFee's solution, the firm built a scalable foundation for its AFA system. The results were significant, including a dramatic increase in their realization rate, which reached 108%, and a 7% improvement in their ratio of cash collected to billed fees. AltFee's software also fostered greater team collaboration and pricing confidence, leading to improved profitability and operational efficiencies for the firm.

DL&Co.