Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to the 2026 BigHand Finance Report, which surveyed more than 800 senior finance and legal professionals in large law firms, what percentage of respondents saw an increase in client demand for alternative fee arrangements (AFAs) last year?
Hint: BigHand’s global legal market president Eric Wangler said, “Which remains to be seen is, are although they’re being requested more often, are they (AFAs) actually being deployed more often. As firms become more efficient, start using AI more effectively, the pressure on them to pass those efficiency savings on to their clients will definitely be there.”
See the answer on the next page.
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