Free Tool
Law Firm Financial Scorecard
Benchmark your firm's financial health against industry averages. Get a grade for each metric and actionable recommendations.
Enter Your Firm's Metrics
Percentage of billable hours actually billed. Industry avg: 85-93%
Percentage of billed amounts actually collected. Industry avg: 85-95%
Operating expenses as % of revenue. Industry avg: 35-45%
Total revenue divided by number of lawyers. Industry avg: $250K-$600K
Net profit as % of revenue. Industry avg: 25-45%
Average days from invoice to payment. Industry avg: 45-60 days
Effective Rate (Realization x Collection)
Auto-calculated from your realization and collection rates
--