Foley Partner Michael Matthews was quoted in an article that appeared in the Tampa Bay Business Journal on November 11, 2011 titled “Client demand prompts law firms’ fee changes.” Matthews discusses the increasing demand for alternative fee arrangements from law firm clients in search of greater transparency and cost control. He states that alternative fee arrangements seem most popular in managing a portfolio of situations for a client, noting that good budgeting and project management skills are needed when using alternative fees.
