LegalPac & the Partners
- Making sound analysis and business decision with the assistance of meaningful financial reports such as Balance Sheet, Profit & Loss Statement, Cash Flow Statement and comparison reports
- With the best use of comprehensive online query and reporting functions, the partners are able to:
- analyse department and solicitors’ performance in terms of solicitor fees, receipts and billing contribution
- perform cost centre analysis, e.g. solicitor time versus fee billed
- understand the profitability of the firm and the areas of contribution
- visualise debtor aging that may affect firm’s cash flow
- understand case statistics of the firm, e.g. number of cases handle by a specific solicitor and their case category distribution
- appreciate the clients’ financial status with the firm, in terms of their ranking in fees, billings and collections for customer relationship management