Product
Pricing
Resources
Articles
Law Firm Directory
ROI Calculator
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Product
Pricing
Resources
Articles
Law Firm Directory
ROI Calculator
About Us
Login
Get a Demo
ROI Calculator
Pricing a Single Matter
Select a typical matter:
Company Incorporation
Will
Shareholders Agreement
Trademark Registration
M&A Share Sale
Employment Agreement Review
Contested Divorce
Civil Litigation
Commercial Property Sale
Without AltFee (Hourly)
Number of hours to complete matter
Average blended hourly rate
$
Average revenue collected
75% is industry average (taking into consideration both billing realization rate & collection rate)
%
With AltFee
Expected revenue increase using AltFee
%
Expected collection rate using AltFee
Percentage of your billed fees which are actually collected
%
Totals
Amount recorded for the matter
= total number of hours to complete matter x average blended hourly rate
$
1750
Net amount earned by law firm
= amount recorded for the matter x average revenue collected
$
1313
AltFee Impacted Totals
Amount billed to client
$
2100
(+ $345)
Net amount earned by law firm
$
2058
(+ $745)
AltFee Annual Impact
Firm-Wide AltFee Impact
Number of billing individuals in firm
Estimated number of AltFee priced matters
(per individual, annually)
Annual revenue increase to firm
+ $
186,375
Note: This calculator is for illustrative purposes only