Every practice area runs on different economics
A firm-wide realization number means something different for a contingency practice than it does for a flat-fee one. LawKPIs adjusts what it surfaces to match how each practice area actually makes money.
Personal injury
Revenue arrives late and depends on settlement size, and cases come from a mix of paid marketing and referral relationships that vary wildly in quality.
LawKPIs tracks contingency fee realization against time invested per matter, and breaks down referral source ROI so you can see which sources are actually worth the cost of keeping them warm.
Insurance defense
Flat fees and panel rates set a hard ceiling on revenue per matter, so margin is won or lost almost entirely on how efficiently the work gets done.
LawKPIs surfaces flat-fee and panel-rate margin per matter, flagging the files running over the time a given rate can actually support before they eat the quarter's profit on that panel.
Family law
Work is billed against retainers that need regular replenishment, and collections depend on clients who are often going through the hardest financial stretch of their lives.
LawKPIs watches retainer balances and replenishment timing, and flags collections that are falling behind before a matter runs the firm into unbilled, uncollectible time.
Estate planning
Flat fees are quoted per matter type, and the economics live or die on whether actual time spent stays inside what that flat fee was priced to cover.
LawKPIs breaks down flat-fee margin by matter type, so you can see which packages are consistently profitable and which ones are quietly running at a loss once staff time is counted.
Business / commercial
A mix of hourly, flat-fee, and value-based engagements, often for a smaller number of higher-value clients where one relationship going sideways is a real hit.
LawKPIs tracks realization and effective rate by engagement type and by client, so a discount pattern with one key client shows up before it becomes the firm's default.
Most firms run more than one of these at once
If your firm mixes contingency, flat-fee, and hourly work across different groups, LawKPIs breaks each one down on its own terms and still rolls everything up to a single, honest firm-wide picture.
See what your firm's Pulse would say tomorrow morning
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