Like many law firms, project management is finding its way into the lexicon of attorneys and staff at Fenwick & West . Driven by clients' desire for more predictable legal costs, law firms are beginning to look beyond the billable hour to alternative fee arrangements. While AFAs can take many forms, they share one thing in common -- they transfer the risk of cost overruns from the client to the firm. The need to better manage the risk of cost overruns is driving law firms to adopt process management techniques that have become common practice in other industries. One obvious candidate is formal project management.