Legal Partner
Billable Hours: 2,100. Realization: 84%.
$1.2M That Will Never Hit the Bank
Your attorneys logged the time. Your clients got billed. But only 84 cents of every dollar makes it to collection. The partner meeting needs to see why.
The Revenue Funnel Nobody Shows Partners
From time worked to cash collected
Hours Worked
$15.2M50,200 hours × $303 avg rate
Hours Billed
$13.8M9% write-down at billing
Hours Collected
$11.6M16% collection shortfall
Lost Revenue
$3.6M24% never collected
Realization by Practice Group
Not all practices leak equally
| Practice Group | Hours | Billed | Collected | Realization |
|---|---|---|---|---|
| Corporate/M&A | 12,400 | 11,532 | 9,802 | 79% |
| Litigation | 18,200 | 16,744 | 14,232 | 78% |
| Real Estate | 8,600 | 8,170 | 7,271 | 85% |
| IP/Patent | 6,200 | 5,890 | 5,242 | 85% |
| Employment | 4,800 | 4,416 | 3,973 | 83% |
Legal KPIs That Drive Partner Compensation
Realization Rate
84%
Benchmark: >92%
Collection Rate
89%
Benchmark: >95%
Billable Hours/Atty
1,847
Benchmark: 1,950
WIP Days
67
Benchmark: <45
AR Days
82
Benchmark: <60
Revenue/Lawyer
$612K
Benchmark: $750K
Source: ALM Law Firm Billing Survey 2025, Thomson Reuters Peer Monitor
TRANSFORM YOUR OPERATIONS
Show Partners Where Revenue Leaks
SlideStrike connects to your billing system and creates partner-ready presentations showing exactly where realization drops.
Real-time realization tracking by partner, practice, and client
Write-off pattern analysis with root cause identification
AR aging with collection probability scoring
Partner compensation impact visualization