Practicing law is more competitive than ever and there are rumors that AI may be utilized for basic legal research and discovery. With the advent of technology and a lowered proclivity by clients to pay for time, law firms with traditional billing practices may find it difficult to compete. While blended rates can make the pain of exchanging time for money less painful, it may not go far enough. In some instances, attorneys may want to consider alternative billing arrangements. Join attorneys Rania Sedhom, Managing Partner and Ginger Mimier, Senior Associate of Sedhom Law Group, A Bespoke Law Firm as they illustrate the benefits of alternative fee arrangements (AFAs), ethical considerations in creating AFAs, and highlights from some successful alternative client relationships. The presentation explores the ever-increasing popularity of a still under-utilized approach to the practice of law. Learn how to create an AFA without running afoul of the ABA’s ethical rules. Distinctions or parallels (as applicable) from New York and Massachusetts are also explored.
Rania V. Sedhom, Managing Partner of the firm, is an attorney who provides practical and efficient solutions to complex problems. Rania has extraordinary interpersonal skills that allow her to forge win-win relationships across diverse organizations and cross-functional stakeholders. She is also a skilled legal and business commentator with appearances on national print and TV media, including L.A. Times, the Chicago Tribune, the Baltimore Sun, Forbes, Inc., Business Week, and CNN Money.
Rania is admitted to the Bars of the State of New York and New Jersey, the Eastern District of New York, the Southern District of New York, the District of New Jersey and the Third Circuit. Rania attended Syracuse University College of Law, where she was Editor of The Labor Lawyer and The Digest and served as Vice-Justice of the Phi Alpha Delta Law Fraternity. Prior to law school, Rania attended Columbia University where she majored in political science.
Ginger Mimier focuses her practice on intellectual property and internet law. She represents and counsels clients on matters including trademark prosecution and enforcement, copyright enforcement, and Uniform Domain-Name Dispute-Resolution Policy (UDRP) disputes.
Prior to joining the firm, Ginger was a senior associate at a law firm based in New York City where her practice focused on trademark, domain names, copyright, and privacy law, as well as drafting and negotiating intellectual property-related agreements. Previously, Ginger worked as a staff attorney in the Boston, Massachusetts office of an international law firm where she focused her practice on intellectual property litigation. Ginger is also a Certified Information Privacy Professional (CIPP/US).
While attending law school, Ginger was Articles Editor of the Journal of Law Reform. She also served as a judicial intern for the Honorable John Daniel Tinder in the U.S. District Court for the Southern District of Indiana.
I was interested in learning that it is equally unethical to undercharge clients because fees are so hard to collect upfront from most clientele. Most people grossly undervalue our services and skillset so it was a good insight into a practice people may slip into because of their fear for generating a client book.
Rania was excellent, great insight and ideas on AFAs.
The content was excellent and the light, very pleasant and friendly tone of the presenters made this cle particularly excellent.
This was a very informative CLE.
Good overview of the subject and potential pitfalls. Well presented, succinct and organized concisely.
excellent presentation - would highly recommend
Very clear and interesting. The examples were excellent.
Just fantastic -- went into great depth, everything was backed up, great overview. Really great.
The instructors were positive and worked well together.
4 means best
A very good presentation. Thank you!
Ideas and numbers neatly combined and presented.
Good back and forth between presenters.
Interesting and informative.. Thank you.
very effective interaction between the two presenters that engaged the listener
Nicely comprehensive, touching lightly on lots of topics, and facilitating further specific research.
Interesting and timely topic
It gave me some good ideas and things to think about when deciding on a fee
Very well done. Thank you.
Very good speakers good explanation of the subject matter entertaining and lively presentation
great presenters and good job on content, thanks again for a great program
I loved it!
No course has disappointed yet! This was like the others so far was excellent. Excellent faculty pairing as well.
These attorneys real know their stuff. Appreciate their time and good work.
Excellent speakers and subject matter.
Very interesting discussion on fees. Good speakers.
Great stuff. Tina Fey and Amy Pohler never did it better!
Nice presentation on everybody's favorite topic - getting paid.
Useful and practical info that otherwise, I could not readily find. Thank you !
This one was super helpful and applicable!
These two lawyers are an absolute delight to listen to. Informative and fun!
Informed and personable hosts. Good information.
Very well presented and easy to watch. Engaging speakers.
Great review of the material - nice to see how the two attorneys worked together to present it.
That was easy. Thanks.
Speakers were helpful and entertaining.
Although ethics can be boring the speakers made it tolerable.
It was helpful that they provided actual factual examples.
Great app — well designed
These attorneys offered a great deal of insight into how alternative fee arrangements trigger obligations under the ethical rules, with a focus on tech, large, and startup client arrangements. Even though they did not highlight CA rules, and there are distinctions, it was easy to follow their presentation and find it helpful.
I learned a lot of new possibilities for alternative fee arrangements that I had not considered.
Both speakers were both knowledgeable and entertaining. Great presentation.
great job by both.
Loved these lawyers - great job!
Thoughtful and entertaining
useful, practical information
Very good coverage.
This was fantastic! Entertaining and the presenters did a great job with the material.
Good session - thank you!
Excellent course. Important whether you're a partner, associate or solo.
Both presenters knowledgeable and did an excellent job. Materials were very well organized and useful. Thank you.
The faculty was very energetic which was great!
The speakers worked well together.
Good discussion on fee arrangements
Nice pair of speakers. I learned a lot. Thanks!
Enjoyed the presenters
Speakers provided solid information in a lively and thorough manner.
Two voices added value, close attention to practical details plus ethics rules.
Very good instructors.
Excellent seminar. Informative. Great persenters. Important topic and warnings and information highlights regarding pitfalls or potential problems.
well presented as a team While substantive, the materials were presented in a easy going manner. great faculty
Good variety of fee arrangements covered with illustrative examples.
Very Informative course.
Much more interesting than I thought it would be!
Nice logical class
Possibly the best CLE presentation I have attended in years. The subject was very timely and relevant to my practice and the both speakers had an impressive grasp of the material.
very good content
speakers were great and personable...
Helpful and effective program.
Good presentation and explanation of options.
Well run course.
Extremely engaging lecturers. Will be searching for more of their courses.
Interesting situations talked about that I had not considered.
Excellent Presentation. Nice humor and glibness which added to the enjoyment of the class
It was so refreshing for the presenter not to simply read her powerpoint but speak directly.
Instructor was exceptional; the content was current and on point.
The speakers were very engaging for this complex and often dry topic.
Lively and practical discussion!
Good coverage of billing practices under ethics rules.
This was definitely relevant to any attorney trying to create a practice.
Excellent informative practical course.
Swift and straight forward
Good broad overview of alt fee ideas and tips on client management.
well informed. smooth presentation.
They covered a lot of issues very efficiently. Good job!
Very nice presentation.
They covered a lot of material in a relatively short time.
Nice overview of factors to consider.
This was the best CLE I have taken on Lawline. Thank you.