Canadian Lawyer InHouse

November/December 2015

Legal news and trends for Canadian in-house counsel and c-suite executives

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$100,000 or less . . . . . . . . . . . . . . . . . . . . 17.4% $101,000-$500,000 . . . . . . . . . . . . . . . . . 22.0% $501,000-$1 million . . . . . . . . . . . . . . . . . . 12.8% $1 million to $3 million . . . . . . . . . . . . . . . . 22.0% $3.1 million to $5 million . . . . . . . . . . . . . . . 7.8% $5.1 million to $10 million . . . . . . . . . . . . . . 6.9% More than $10 million . . . . . . . . . . . . . . . . . 11.0% What was the external legal spend for the Canadian legal department in your last fiscal year? Government (municipal, regional, provincial, federal, and First Nations, including boards and tribunals) 21.6 % Financial 20.2 % Industry/ manufacturing 12.4 % Resource based 13.3 % Service 10.6 % Non-profit 8.7 % Technology 6.9 % Professional Services 6.4 % What sector is your company/ organization in? NOVEMBER/DECEMBER 2015 34 INHOUSE I f it seems like everywhere you go these days someone is talking about alternative fee arrangements, you're not alone. It's been a popular topic at legal conferences and workshops for a few years now, but have they re- ally taken off? And what exactly is an AFA, do fl at fees or discounts count? David Felicissimo is one general counsel who wonders that a lot. Last year, he completed an executive education certifi cate at Harvard Law School where AFAs were a fre- quent topic of conversation among his colleagues. As the "only legal offi cer" in a growing Montreal private invest- ment company, Felicissimo works for an organization that specializes in the acquisition and development of Internet- based businesses — their assets are on the web and their au- dience is worldwide. His very new-economy company still does a lot of work with external counsel based on the old billable hour. Testing the AFA waters The annual Canadian Lawyer Corporate Counsel Survey shows alternative fee arrangements are out there, but in-house are the ones primarily driving the conversation. BY JENNIFER BROWN

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