Thanks to the economy, the legal industry has changed. It’s a sink-or-swim world out there, and law firms are rapidly increasing their use of modern technology to assist them when it comes to working more efficiently and reducing spending.

A surefire way to accomplish both goals is by taking advantage of alternative fee arrangements. But what can your firm to do to change the way it bills? Are there any strategies that are actually effective?

Check out this video from Thomson Reuters to hear top attorneys explain how the new economy has changed the established billing model, and to learn how they make alternative fee arrangements work, particularly with the help of WestlawNext.

What are you waiting for? Sign up and watch the video now.