3 September 2014

De Brauw introduces Alternative Fee Arrangement Guide for its clients

Our clients are increasingly asking for an alternative to the hourly fee arrangement for advisory work, transactions and proceedings. This is why we are introducing our Alternative Fee Arrangement Guide.
Esther Albers, head of Legal Support Services at De Brauw: "One of our regular clients recently said that it was in general unwilling to continue paying for its legal spend on an hourly or a capped fee basis. We certainly took hold of this feedback and now offer a variety of models not based on an hourly fee, such as fixed fees, success fees, value based fees or a combination of models. These alternative models will ensure that clients’ legal spend will be more predictable and guarantee that client’s interests and ours are in tandem". We are receptive to these alternatives in all matters, in both word and deed. And of course, we are open to any option including any combination beyond ours.