The Revenue by Originating Timekeeper report details revenue contributions from timekeepers responsible for originating new matters. It is a vital tool for law firms to recognize the financial value brought in by individual timekeepers, supporting performance evaluations, compensation planning, and strategic staffing decisions.
Insights Expected from the Revenue by Originating Timekeeper Report
This report provides valuable insights to support financial analysis and decision-making:
Revenue by Timekeeper: Shows revenue generated by each originating timekeeper, helping firms recognize top contributors who bring in high-value clients and matters.
Performance and Compensation Alignment: Assists in aligning performance-based compensation structures by linking revenue directly to the timekeeper responsible for client origination.
Strategic Staffing and Resource Allocation: Enables data-driven decisions on staffing, ensuring that high-performing originating timekeepers are supported by resources that maximize client engagement and case outcomes.
Client Acquisition and Retention Trends: Offers insights into which timekeepers consistently bring in new clients, aiding in retention efforts and targeted relationship management.
To generate the Revenue by Originating Timekeeper report:
Navigate to the
Dashboard.Go to the
Reportssection.Scroll down and choose
Revenue by Originating Timekeeper.
You can refine the details by applying various filters. The report can be exported for additional analysis, enabling firms to track timekeeper-originated revenue and make strategic financial and staffing decisions based on reliable data.
Explore this comprehensive guide for a deeper understanding of all features available in the reports interface.