Analysing fee income, fee—earning capacity and fees per fee earner—blank
Analysing fee income, fee—earning capacity and fees per fee earner—blank

The following Practice Management precedent provides comprehensive and up to date legal information covering:

  • Analysing fee income, fee—earning capacity and fees per fee earner—blank

There is little point in collecting data on a firm's financial performance if that data is not used to improve its performance. A firm’s fee income, fee-earning capacity and fees per fee earner are all useful indicators of its current financial performance. This precedent can be used to analyse these indicators and to undertake a modelling exercise to understand the potential financial impact if any of the current variable figures change.

To complete this analysing and modelling exercise you need to follow a three–step process:

  1. step 1—calculate key variables

  2. step 2—calculate and analyse the firms current fee income, fee-earning capacity and fees per fee earner

  3. step 3—undertake a modelling  exercise to understand the potential financial impact of adjusting any of the variables

This precedent will assist with steps 2 and 3. It should be used in conjunction with precedent: Variable calculations, which will assist with step 1 of this process.

Please click for an Excel version of this precedent. In this version each worksheet has auto-calculation formulae embedded within it meaning you only need to enter the raw data into the relevant cells/columns and the result will be calculated for you. You

Popular documents