The pressure for legal departments to operate as a more efficient part of the business as a whole has spurred a closer focus on elements like alternative fee arrangements (AFA) and outside counsel guidelines (OCG). In fact, AFAs accounted for 35.6 percent of legal departments’ outside counsel spend in 2015 – up from 21.7 percent in 2013 – according to a recent BTI Consulting study.
Prosperoware’s Umbria software aims to connect professionals with their administrative support teams, providing instant access to client and matter information. The ultimate goal is to understand the true cost of service delivery and to use that information in enabling price discussions, competitiveness and predictability in the delivery of legal services. The recent release of Umbria 3.0 offers transparent and actionable views into the nuts and bolts of AFAs and OCGs as integral parts of overall profitability.
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