Professional Services · Billing

Alternative Fee Arrangement (AFA) Milestone Billing

Manage milestone-based billing for flat-fee or alternative fee arrangement matters accurately.

Apps this needs

Practice Management System Clio, MyCase, PracticePanther, Karbon or CCH Axcess — matter/client data, engagement & document status. Connect during setup
Billing System Time entry, pre-bills, invoices, aging and expense data for the practice. Connect during setup

How it works

  1. Tracks matter progress against the agreed milestone schedule via the PMS.
  2. Triggers the milestone invoice automatically once the professional confirms the milestone is reached, written to the billing system.
  3. References which milestone the invoice represents.
  4. Flags any milestone significantly delayed for a professional/client conversation about the arrangement.

Data sources

Practice management milestone tracking AFA terms

What it targets

  • Milestone invoices triggered within 2 business days of completion Target 90%