Health check for law firms · Free

How much money is your firm leaving on the table?

Most law firms lose 15 to 25% of potential revenue to billing delays, slow collections, and write-downs. Most do not know it. Find out in 60 seconds.

Your firm's numbers · enter actuals or adjust the defaults
Billing lawyers only
Typical for most firms: ~1,400
Top firms: 98%+

Share of available lawyer hours actually billed. Hours not captured or written off before billing silently reduce this.
Billed hours / available hours
Top firms: 98%+

Of every dollar at standard rates, how much reaches the invoice. Write-downs and partner discounts erode this month by month.
Billed value / standard rate value
Top firms: 98%+

Of every dollar invoiced, how much lands in your bank. Unpaid invoices and post-billing write-offs reduce this.
Cash collected / total invoiced
Top firms: under 14 days

Days from work completed to invoice raised. Longer WIP locks cash and increases client dispute risk on older matters.
Work done to invoice raised. Best practice: under 21 days
Top firms: under 21 days

Days from invoice raised to cash received. Every extra day is an interest-free loan extended to your client.
Invoice raised to cash received. Best practice: under 30 days