Industries · Professional and financial services
The operating system for law firm.
Cash, utilization (billable hours ÷ available) and realization, deadlines and decisions for your clients, matters and attorneys, in one private workspace.
The numbers that matter
Healthy ranges are estimates. Estimates for US small and mid-size operators, not facts about your business. Based on commonly cited legal-industry benchmarks (e.g. Clio Legal Trends reports).
Utilization (billable hours ÷ available)
Typical: 35–45% industry average; 60%+ strong
Realization
Typical: above 85–90%
Collection rate
Typical: above 90%
Days from work to cash
Typical: under 90
Profit margin
Typical: 25–40%
Sample weekly scorecard
Illustrative numbers for a business doing about $150,000 a month — not real customer data.
| Measure | Target | Last 4 weeks |
|---|---|---|
| Billable hours | ≥ 120 | 110 → 121 → 129 → 124 |
| New matters | ≥ 6 | 6 → 6 → 6 → 6 |
| Invoices over 60 days | ≤ 5 | 4 → 5 → 5 → 5 |
| Trust reconciliations done | ≥ 1 | 1 → 0.9 → 0.9 → 1 |
| Consultations booked | ≥ 10 | 9 → 9 → 10 → 11 |
Compliance reminders
Reminders, not legal advice. State and local rules vary — confirm with the agency.
Trust (IOLTA) reconciliation · monthly · state
Most bars require monthly three-way reconciliation.
Bar license renewal and CLE · ongoing · state
Per state bar.
Malpractice insurance renewal · annually · practice
Questions
- Which numbers does Billionaire OS track for law firm?
- Utilization (billable hours ÷ available), Realization, Collection rate, Days from work to cash, Profit margin. Each one shows a typical healthy range (Estimates for US small and mid-size operators, not facts about your business. Based on commonly cited legal-industry benchmarks (e.g. Clio Legal Trends reports)) so you can see where you stand.
- Do I have to enter everything by hand?
- No. Connect your bank or upload a CSV and transactions are sorted automatically into an industry chart of accounts. You review only the ones it is unsure about.
- Does it handle compliance?
- It reminds you of recurring items such as trust (iolta) reconciliation, bar license renewal and cle, malpractice insurance renewal. Rules vary by state, so confirm details with the agency; reminders are not legal advice.
- Can I run more than one business?
- Yes. Each business keeps its own industry pack, numbers and partner access, and you see them side by side.
- How do I try it?
- Start a 14-day trial with no credit card, or open the sample workspace without signing up.
See your own numbers in about 2 minutes.
14-day trial · No credit card required
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