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Energy giant pushes through alt billing
The march away from hourly billing continues as Royal Dutch Shell, one of the world’s largest consumers of legal services, confirmed that all its work must be priced under ‘appropriate’ fee arrangements (AFAs), following its 2016 panel review. AFAs, which include capped, fixed and contingency fees, had been in place for all litigation work since June 2014, but now apply to all legal matters. In addition, every piece of work will be put out to tender to three or more panel firms. The shake-up was overseen by associate general counsel for global litigation, strategy and co-ordination Gordon McCue, who led Shell’s overall panel review.
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