Return on investment
What the recovered hours are worth.
An illustration, not a quotation. Every assumption below is yours to adjust; the formulae are disclosed beneath the results.
Your assumptions — all adjustable
10
£350
6 h
50%
40%
46 wks
Hours recovered per year
1,380.
Value of recovered time
£483,000
Capacity returned to the firm, at your blended rate.
Potential additional revenue
£193,200
The share of freed time rebilled, at your utilisation figure.
How we calculated this
- hours recovered = fee-earners × research h/week × efficiency% × working weeks
- value of time = hours recovered × hourly rate
- additional revenue = hours recovered × utilisation% × hourly rate
Illustrative, not a quotation. Every figure above is your own assumption; adjust each one to your firm.
The numbers are a conversation starter.
Pricing and commercial terms are handled privately. Bring your assumptions; we will bring ours.
Discuss your numbers