The Top Matters by Revenue report details the matters generating the highest revenue for the firm. This report is essential for identifying key revenue drivers and informing strategic decisions related to matter management.
Insights Expected from the Top Matters by Revenue Report
This report delivers valuable insights that assist law firms in maximizing their financial performance:
Identifying High-Value Matters: Highlights matters that contribute significantly to the firm’s revenue, enabling targeted attention and resources.
Strategic Resource Allocation: Allows firms to allocate resources more effectively by focusing on high-revenue matters that may require additional support or marketing efforts.
Performance Evaluation: Provides a clear view of which matters are performing well financially, supporting performance reviews and informing future business development strategies.
Revenue Forecasting: Aids in forecasting future revenues based on current high-performing matters, helping firms to plan effectively for upcoming financial periods.
To generate the Top Matters by Revenue report:
Navigate to the Dashboard
Go to the reports section
Scroll down to the Invoices section and choose 'Top Matters by Revenue.'
You can refine the details by applying various filters. The report can be exported for detailed analysis, facilitating an in-depth review of the firm’s financial performance across different matters and supporting informed strategic decisions.
Explore this comprehensive guide for a deeper understanding of all features available in the reports interface.