FREE CALCULATOR · LAW PRACTICE FINANCE
Law Firm Billing Realization Calculator
Calculate worked, billed and collected realization rates from hours, billing rates, invoices and receipts.
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Change the assumptions to match your matter.
Your calculation
Illustrative calculation based on the values you enter.
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How this calculator works
Standard value = recorded hours × standard rate; billing realization = billed ÷ standard value; collection realization = collected ÷ billed; overall realization = collected ÷ standard value.
Professional verification required. This is an informational worksheet, not a legal conclusion. Verify governing law, court rules, fee agreements, facts and any applicable exceptions before acting.
Questions attorneys ask
What is the difference between billing and collection realization?
Billing realization measures how much standard work was invoiced; collection realization measures how much billed value was collected.
Should taxes and pass-through costs be included?
For fee realization, generally use consistent fee-only amounts and exclude pass-through expenses unless your management policy says otherwise.
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