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For more than four decades, Fenwick & West LLP has helped some of the world’s most recognized companies become, and remain, market leaders. From emerging enterprises to large public corporations, our clients are leaders in the technology, life sciences and cleantech sectors and are fundamentally changing the world through rapid innovation.  MORE >

Fenwick & West was founded in 1972 in the heart of Silicon Valley—before “Silicon Valley” existed—by four visionary lawyers who left a top-tier New York law firm to pursue their shared belief that technology would revolutionize the business world and to pioneer the legal work for those technological innovations. In order to be most effective, they decided they needed to move to a location close to primary research and technology development. These four attorneys opened their first office in downtown Palo Alto, and Fenwick became one of the first technology law firms in the world.  MORE >

From our founding in 1972, Fenwick has been committed to promoting diversity and inclusion both within our firm and throughout the legal profession. For almost four decades, the firm has actively promoted an open and inclusive work environment and committed significant resources towards improving our diversity efforts at every level.  MORE >

At Fenwick, we are proud of our commitment to the community and to our culture of making a difference in the lives of individuals and organizations in the communities where we live and work. We recognize that providing legal services is not only an essential part of our professional responsibility, but also an excellent opportunity for our attorneys to gain valuable practical experience, learn new areas of the law and contribute to the community.  MORE >

Year after year, Fenwick & West is honored for excellence in the legal profession. Many of our attorneys are recognized as leaders in their respective fields, and our Corporate, Tax, Litigation and Intellectual Property Practice Groups consistently receive top national and international rankings, including:

  • Nearly 15 percent of Fenwick partners named America's Leading Lawyers for Business by Chambers USA and Chambers Global
  • Selected as a "Go-To" law firm by in-house legal departments at Fortune 500 companies in Corporate Counsel magazine
  • Named to The National Law Journal's inaugural "Intellectual Property Hot List" for outstanding patent, copyright, trademark and IP litigation services

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We take sustainability very seriously at Fenwick. Like many of our clients, we are adopting policies that reduce consumption and waste, and improve efficiency. By using technologies developed by a number of our cleantech clients, we are at the forefront of implementing sustainable policies and practices that minimize environmental impact. In fact, Fenwick has earned recognition in several areas as one of the top US law firms for implementing sustainable business practices.  MORE >

At Fenwick, we have a passion for excellence and innovation that mirrors our client base. Our firm is making revolutionary changes to the practice of law through substantial investments in proprietary technology tools and processes—allowing us to deliver best-in-class legal services more effectively.   MORE >

Mountain View Office
Silicon Valley Center
801 California Street
Mountain View, CA 94041
650.988.8500

San Francisco Office
555 California Street
12th Floor
San Francisco, CA 94104
415.875.2300

Seattle Office
1191 Second Avenue
10th Floor
Seattle, WA 98101
206.389.4510

Pricing and Budgeting

Professional Pricing and Budgeting

Most law firms make great claims about their alternative fee arrangements, but the fact is that all AFAs are not created equal. The truth, according to a recent survey by American Lawyer, is that less than half of AmLaw 200 firms have the ability to adequately capture non-hourly billing arrangements. Any savvy business person knows that if you can’t measure it, you can’t manage it, so in-house counsel are left to wonder if their law firm can properly manage matters under AFAs. At Fenwick, we have offered fixed-fee and other alternative fee arrangements for more than a decade. We use sophisticated pricing, budgeting and project management tools—including a pricing database with more than a decade’s worth of data—so our clients are guaranteed that Fenwick’s fee proposals incorporate accurate staffing and other resources to get the job done without sacrificing quality.

What You Can Expect With Fenwick on Your Team

A leader in alternative fee arrangements

Fenwick is a recognized leader in alternative billing arrangements. For example, our innovative AFAs with Cisco Systems for securities and M&A matters have been highlighted in several legal publications. Today, more than 20% of our firm’s revenue comes from non-hourly billing arrangements. We have developed flat-fee arrangements, task-based billing, risk-sharing fee arrangements and other alternative fee agreements with numerous clients of all sizes and in almost all our practices.

Budgets that will be designed around size, scope and stakes

Our detailed estimating database includes ten years worth of matter-level data and is supported by in-house pricing analysts who provide sophisticated multivariable estimates by the size, scope and stakes of the individual matter. Our pricing analysts will work directly with partners on each matter to ensure budgets accurately reflect your matter’s significance, strategy and potential outcomes.

Sophisticated technology tools and processes to manage projects, budgets and billing

Recognizing that successful budgeting does not end when the budget is complete, we developed a cutting-edge, real-time billing and budget analysis capability. Budgets are loaded into matter-specific ShareRoom extranets which track spend-to-budget in real time. Automated budget status reports are available to partners, associates and project managers at the click of a button. The firm pursues near real-time billing entry, so actual spend can be compared to budget on a weekly basis, ensuring potential issues are identified early, before they turn into real problems.

We are also a strong proponent of eBilling and will work with you to ensure bill review and payment meets your management needs and billing requirements. We work with all the major eBilling vendors, and are LEDES 1998B certified with Serengeti.

Take Action

Looking for more predictability in your legal fees? Contact Rob Kahn at (650) 335-7616 or rkahn@fenwick.com. to learn how we can help apply professional pricing and budgeting to your legal matters.