AO
Profitability

Case Billing

Fee, expense and profitability posture per matter.

Matter profitability
MatterClientLegal feesFilingTransportCourtPaidOutstanding
M-2041Meridian Holdings$148,000$4,200$1,800$3,400$132,000$25,400
R. v. KingstonKingston Defense$92,000$2,100$3,600$5,100$60,000$42,800
M-2035Nordic Shipping$74,000$3,100$2,200$2,900$48,000$34,200
M-2024Vertex Biotech$62,000$5,400$900$1,200$30,000$39,500
M-2007Kestrel Insurance$118,000$2,800$1,400$4,100$62,000$64,300
Margin by matter (%)
Case billing

Ashworth & Vance LLP · live demonstration data

Matter value
$1.24M
5.0%
Fees billed
$862K
14.1%
Collected
$684K
2.2%
WIP
$148K
13.3%
Expenses
$62K
7.4%
Margin
38.4%
11.5%
Composition analysis
Fee composition
Partner time: $412.0K (48%)Associate time: $286.0K (33%)Paralegal time: $84.0K (10%)Success fee: $44.0K (5%)Recovered expenses: $36.0K (4%)Billed$862.0K
SourceAmountShareMoM
Partner time$412.0K48%+1.0%
Associate time$286.0K33%+2.1%
Paralegal time$84.0K10%-3.2%
Success fee$44.0K5%+4.3%
Recovered expenses$36.0K4%+5.4%
Highest contributor: Partner time · $412.0K
Trend intelligence
Budget versus actual
1568K1208K847K487K126KBudget · M1 · 200KBudget · M2 · 400KBudget · M3 · 600KBudget · M4 · 800KBudget · M5 · 1000KBudget · M6 · 1200KBudget · M7 · 1400KActual fees · M1 · 184KActual fees · M2 · 372KActual fees · M3 · 561KActual fees · M4 · 742KActual fees · M5 · 848KActual fees · M6 · 962KActual fees · M7 · 1024KCollected · M1 · 140KCollected · M2 · 310KCollected · M3 · 468KCollected · M4 · 620KCollected · M5 · 704KCollected · M6 · 792KCollected · M7 · 862KM1M2M3M4M5M6M7
BudgetActual feesCollectedUnit: $K
Operational register
Matter billing history
DateTypeReferenceDescriptionAmountStatusApproved by
2 FebInvoiceREF-5200Monthly fee note$39.0KSettledJ. Hollis KC
3 MarPaymentREF-5201Client payment$119.0KPendingJ. Hollis KC
4 AprExpenseREF-5202Court filing$15.0KApprovedJ. Hollis KC
5 MayDiscountREF-5203Courtesy discount$115.0KSettledJ. Hollis KC
6 JunInvoiceREF-5204Monthly fee note$59.0KPendingJ. Hollis KC
7 FebPaymentREF-5205Client payment$93.0KApprovedJ. Hollis KC
8 MarExpenseREF-5206Court filing$95.0KSettledJ. Hollis KC
9 AprDiscountREF-5207Courtesy discount$57.0KPendingJ. Hollis KC
10 MayInvoiceREF-5208Monthly fee note$116.0KApprovedJ. Hollis KC
9 of 9 records
Detail panel
Matter finance summary · Meridian Holdings PLC (M-2041)
Fee arrangement
Hourly + success fee
Billing model
Monthly in arrears
Matter budget
$1.40M
88% used
Fees billed
$862K
Fees collected
$684K
79% realised
WIP
$148K
unbilled
Expenses
$62K
$48K recovered
Retainer
$193.8K
available $147.8K
Profitability
38.4%
above 32% target
Outstanding
$178K
1 invoice overdue
Workflow and approvals
Billing milestones
1Engagement signed
Client
Completed Jan
2Retainer received
$420K
Completed Jan
3Interim bill 1
$286K
Completed Mar
4Interim bill 2
$318K
Completed May
5Trial fee note
$258K
In progress · Jul
6Success fee
on outcome
Pending
Exceptions and risk
Exception queue and recommended actions
2 open
Budget 88% consumed
Matter budget review required
$1.40M cap
Overdue invoice
INV-4821 · 18 days
$178K
Audit and history

Every financial change is captured with user, timestamp, value movement and audit reference

Recent activity
  1. Payment posted01 Jul · 10:10
    N. Salim·Meridian Holdings PLC · M-2041·$29.0K·AUD-7700
  2. Invoice edited02 Jul · 11:11
    A. Okafor·Nordic Shipping AS · M-2035·$88.0K·AUD-7701
  3. Credit note approved03 Jul · 12:12
    D. Feld·Vertex Biotech Ltd · M-2024·$11.0K·AUD-7702
  4. Retainer adjusted04 Jul · 13:13
    J. Hollis KC·Lagos Bay Estates · M-2029·$84.0K·AUD-7703
  5. Trust transfer completed05 Jul · 14:14
    N. Salim·Kestrel Insurance · M-2007·$43.0K·AUD-7704
  6. Expense approved06 Jul · 15:15
    A. Okafor·Halcyon Partners · M-2011·$68.0K·AUD-7705
  7. Tax report exported07 Jul · 16:16
    D. Feld·Orion Media Group · M-2016·$69.0K·AUD-7706