Law Firm Profitability Calculator

LAW FIRM FINANCIAL INTELLIGENCE

Law Firm Profitability Calculator

Discover what is really driving your law firm’s profitability. Enter your firm’s financial and performance figures to calculate key metrics and identify opportunities to improve performance.

Calculate Your Firm’s Profitability

Enter your firm’s figures below. Your results will update to show the key financial metrics behind your firm’s performance.

Your Firm’s Numbers

Enter figures for a typical 12-month period.

Currency

Revenue

Annual Revenue Total revenue earned by the firm during the year.

Costs

Total Payroll Costs Salaries, wages and other employment costs.

Other Operating Expenses Rent, software, marketing, insurance and other non-payroll costs.

Firm Size & Activity

Number of Lawyers

Total Employees Include lawyers and non-lawyer employees.

Total Annual Billable Hours

Your Results

Enter your firm’s figures to see your profitability and performance metrics.

Operating Profit

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Profit Margin

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Enter figures to analyse

Revenue per Lawyer

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Revenue per Employee

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Payroll % of Revenue

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Enter figures to analyse

Overhead % of Revenue

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Enter figures to analyse

Revenue per Billable Hour

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LFIQ Profitability Snapshot

Enter your firm’s figures to generate your profitability snapshot.

Where Should You Focus?

Enter figures to identify your primary opportunity

LFIQ will highlight the area that may deserve the most attention based on the figures entered.

Indicators are general diagnostic guidance only and are not industry benchmarks. Appropriate cost structures vary by jurisdiction, practice area, firm size and business model.

FREE LAW FIRM RESOURCE

Get the Law Firm Profitability KPI Guide

Discover the key financial and performance metrics that help you understand where your firm is making money and where profitability may be leaking.