AO
Profitability

Matter Profitability

Understand true matter margin after lawyer cost, filing fees, transport, court fees, external counsel, disbursements, discounts, and write-offs.

Average matter margin
68%
Most profitable
Meridian
Margin at risk
$84,500
Low-margin matters
6
Profitability waterfall · portfolio
$666K
Gross fees
$167K
Uncollected
$206K
Lawyer cost
$34K
Court
$75K
External counsel
$21K
Disbursements
$15K
Discounts
$28K
Write-offs
$120K
Net
Matter margin leaderboard
MatterGrossColl.CostsNetMargin
Meridian Holdings
M-2041
$184K$172K$94K$78K45%
Nordic Shipping
M-2035
$142K$118K$97K$21K18%
Vertex Biotech
M-2024
$78K$58K$41K$17K29%
Halcyon Partners
M-2011
$118K$86K$65K$21K25%
Kestrel Insurance
M-2007
$96K$32K$67K$-35K-111%
Orion Media
M-1990
$48K$34K$16K$18K53%
Practice area profitability
M&A
Litigation
IP
Real Estate
Advisory
Low-margin warning
Kestrel Insurance is at 12% margin. External counsel + write-offs consuming budget. Consider renegotiating retainer.
Matter profitability

Ashworth & Vance LLP · live demonstration data

Revenue
$4.82M
▲ 14.0%
Direct labour
$2.14M
▲ 2.1%
External costs
$486K
▼ 14.2%
Recovered expenses
$318K
▲ 5.3%
Gross margin
48.2%
▲ 12.4%
Net margin
31.6%
▼ 10.5%
Movement bridge
Profitability bridge
$5.40M$4.05M$2.70M$1.35M$0Revenue: +$4.82M → $4.82M+$4.82MRevenueDirect labour: $-2140000 → $2.68M$-2140000DirectlabourExternal counsel: $-486000 → $2.19M$-486000ExternalcounselRecovered expenses: +$318.0K → $2.51M+$318.0KRecoveredexpensesAllocated overhead: $-892000 → $1.62M$-892000AllocatedoverheadWrite-offs: $-108000 → $1.51M$-108000Write-offsNet profit: +$0 → $1.51M+$0Netprofit
Opening / closingInflowOutflow
Trend intelligence
Revenue versus cost trend
764K607K450K294K137KRevenue · Dec · 520KRevenue · Jan · 548KRevenue · Feb · 496KRevenue · Mar · 612KRevenue · Apr · 588KRevenue · May · 634KRevenue · Jun · 682KRevenue · Jul · 646KTotal cost · Dec · 352KTotal cost · Jan · 366KTotal cost · Feb · 344KTotal cost · Mar · 402KTotal cost · Apr · 388KTotal cost · May · 418KTotal cost · Jun · 442KTotal cost · Jul · 424KNet profit · Dec · 168KNet profit · Jan · 182KNet profit · Feb · 152KNet profit · Mar · 210KNet profit · Apr · 200KNet profit · May · 216KNet profit · Jun · 240KNet profit · Jul · 222KDecJanFebMarAprMayJunJul
RevenueTotal costNet profitUnit: $K
Comparative analysis
Margin by practice area
IP
46%
Corporate
41%
Shipping
34%
Insurance
29%
Real Estate
27%
Private Client
24%
Criminal
18%
Portfolio positioning
Matter margin scatter
604530150Star mattersVolume, low marginBoutique marginReview requiredM-2041 · Revenue $948.0K · Net margin % 39% · 420hM-2041M-2035 · Revenue $138.0K · Net margin % 36% · 105hM-2035M-2024 · Revenue $972.0K · Net margin % 48% · 394hM-2024M-2029 · Revenue $378.0K · Net margin % 21% · 246hM-2029M-2007 · Revenue $853.0K · Net margin % 52% · 312hM-2007M-2011 · Revenue $686.0K · Net margin % 19% · 355hM-2011M-2016 · Revenue $611.0K · Net margin % 49% · 186hM-2016M-2018 · Revenue $898.0K · Net margin % 34% · 413hM-2018M-1998 · Revenue $285.0K · Net margin % 41% · 42hM-1998RevenueNet margin %
CorporateShippingIPReal EstateInsuranceMediaPrivate ClientCommercialBubble size = billable hours
Operational register
Matter profitability register
MatterClientRevenueLabourExternalOverheadGross %Net %Rating
M-2041Meridian Holdings PLC$950.0K$399.0K$104.5K$171.0K47%29%Acceptable
M-2035Nordic Shipping AS$176.0K$73.9K$19.4K$31.7K47%29%Acceptable
M-2024Vertex Biotech Ltd$972.0K$408.2K$106.9K$175.0K47%29%Acceptable
M-2029Lagos Bay Estates$404.0K$169.7K$44.4K$72.7K47%29%Acceptable
M-2007Kestrel Insurance$859.0K$360.8K$94.5K$154.6K47%29%Acceptable
M-2011Halcyon Partners$699.0K$293.6K$76.9K$125.8K47%29%Acceptable
M-2016Orion Media Group$628.0K$263.8K$69.1K$113.0K47%29%Acceptable
M-2018Ashborn Family Trust$901.0K$378.4K$99.1K$162.2K47%29%Acceptable
M-1998Blake Industrial GmbH$316.0K$132.7K$34.8K$56.9K47%29%Acceptable
9 of 9 records
Exceptions and risk
Exception queue and recommended actions
3 open
Negative margin matter
M-2016 · Orion Media
-4.2%
Overhead allocation above policy
Shipping team
$62K
Write-offs eroding margin
Criminal practice
$108K
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·$85.0K·AUD-7700
  2. Invoice edited02 Jul · 11:11
    A. Okafor·Nordic Shipping AS · M-2035·$8.0K·AUD-7701
  3. Credit note approved03 Jul · 12:12
    D. Feld·Vertex Biotech Ltd · M-2024·$87.0K·AUD-7702
  4. Retainer adjusted04 Jul · 13:13
    J. Hollis KC·Lagos Bay Estates · M-2029·$31.0K·AUD-7703
  5. Trust transfer completed05 Jul · 14:14
    N. Salim·Kestrel Insurance · M-2007·$76.0K·AUD-7704
  6. Expense approved06 Jul · 15:15
    A. Okafor·Halcyon Partners · M-2011·$60.0K·AUD-7705
  7. Tax report exported07 Jul · 16:16
    D. Feld·Orion Media Group · M-2016·$53.0K·AUD-7706