Nathan Bowie, managing director, Thomson Reuters Elite, discussed at the 2012 Elite User Conference how alternative fee arrangements have been prominent with firms and their corporate clients. Along with the rise of AFAs is a trend towards budgeted matters.

With the economic changes the legal market has seen recently, firms are using tools such as Engage to become proficient in pricing matters. Engage helps price and manage matters, whether at the budget plan level or project plan level.

Bowie also shared that a new version of Engage is being deployed and he discussed a few of its enhancements.

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