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Budget Analysis
L.A.W.S./Pro has the ability to compare actual performance to
budgeted expectations. The budgeting options are twofold and include actual firm performance to budget firm
standards, or actual attorney performance compared to pre-defined budget benchmarks.
The Firm Budget analysis compares the actual dollar amounts posted to each general ledger account to
pre-determined budget estimates. This budget analysis the firms month-to-date and year-to-date
performance.
The Attorney Performance budget consists of the following:
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Hours Worked: Total hours worked per period compared to budget expectations.
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Fees Worked: Total dollar value of hours worked per period compared to budget expectations.
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Fees Billed: Total dollar value of fees billed to clients compared to budget expectations.
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Fees Received: Total dollar value of fees received from clients compared to budget expectations.
Each category displays the actual performance, budgeted expectations and the computed variance.
Positive variances exceed expectations while negative variances note less than expected performance.
Performance is accumulated within the entered start and end dates.
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More Info
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Virtual Administration -
Coordinates the firm's internal operating procedures utilizing L.A.W.S./Pro. by shifting the
burden of internal administration away from the firm to a certified Virtual Administrator.
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