The Write-Offs by Originating Attorney report provides a concise view of write-offs linked to the originating attorneys responsible for client engagements. This report is valuable for tracking revenue adjustments associated with each attorney and supports effective financial oversight and strategic decision-making.
Insights Expected from the Write-Offs by Originating Attorney Report
This report offers essential insights to help law firms refine revenue-sharing practices and attorney performance assessments:
Write-Off Trends by Attorney: Identifies which originating attorneys have higher write-offs associated with their matters, helping firms address potential billing or client-related issues.
Revenue Impact Analysis: Shows how write-offs affect each attorney’s revenue contributions, helping to assess the impact of these adjustments on overall firm profitability.
Compensation and Revenue Sharing: Provides accurate data on write-offs to inform equitable revenue-sharing structures and ensure compensation reflects the financial reality.
Attorney Performance Insights: Assists in evaluating originating attorneys' effectiveness in client selection and management, supporting performance reviews and training needs.
Strategic Client and Engagement Decisions: Helps determine if certain clients or types of matters are associated with higher write-offs, providing data for client engagement strategies.
To generate the Write-Offs by Originating Attorney report:
Navigate to the Dashboard
Click on Reports
Scroll to the Invoices section and choose 'Write-Offs by Originating Attorney.'
You can refine the details by applying various filters. The report can be exported for additional analysis, enabling firms to manage revenue-sharing structures and improve attorney-client financial strategies.
Explore this comprehensive guide for a deeper understanding of all features available in the reports interface.