Firm Economics calculators
Profitability, rates and capacity for a practice.
6 tools
- Firm Economics
Law Firm Profit Calculator
Work out firm revenue from timekeeper capacity, subtract salaries and overhead, and find the billable hours needed to break even.
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Firm Utilization Calculator
Measure utilization, realization and collection across the firm and see the share of total capacity that reaches the bank.
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Rate Target Calculator
Work backwards from a firm revenue target to the average rate it requires once realization and collection are applied.
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Firm Capacity Calculator
Convert a firm’s daily billing habit into annual capacity and the cash that capacity actually produces.
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Solo Practice Revenue Calculator
Model the economics of a small or solo practice: revenue after realization and collection, costs, profit and the hours needed to break even.
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Practice Break-Even Calculator
Work out the average rate a practice income target requires once realization and collection are applied.
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