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Fixed Fee Profitability Report in LeanLaw

How to use LeanLaw's Fixed Fee Profitability report to compare fixed fees charged against hours worked — a summary guide with a link to the full documentation in the Fixed Fees section.

The Fixed Fee Profitability report compares the flat fees your firm charged against the hours actually worked on those matters — helping you identify whether your fixed fee pricing is sustainable and where to adjust.

 

📋 Full guide in Fixed Fees & Charges:   The complete Fixed Fee Profitability report guide — including all column definitions, filters, and interpretation guidance — is documented in Fixed Fees & Charges, Article 4: Fixed Fee Profitability Tracking. This article provides a summary and links back to that guide.

 

What the Report Shows

The Fixed Fee Profitability report groups fixed fee charges by Client → Matter → Fixed Fee and shows:

  • Fixed Fee Amount: The flat fee charged to the client.
  • Hours Worked: Total hours logged against the matter.
  • Fixed Fee Hours Value: The dollar value of hours worked at the stored billing rate — what the same work would cost billed hourly.
  • Effective Hourly Rate: Fixed Fee ÷ Hours Worked — your effective hourly rate on this engagement.
  • Profitability: The difference between the fixed fee and the hours value. Positive = profitable. Negative = under-charged.

 

Accessing the Report

Navigate to: Reports → Fixed Fee Profitability

Use the Time Period, Timekeeper, Responsible Attorney, and Practice Area filters to focus the report. Enable Show Matters and Show Fixed Fees to get matter-level and individual charge-level breakdowns.