What is the Flat Fee Productivity Report?
The Flat Fee Productivity Report was designed to provide you with a breakdown of how much you have billed and collected for Flat Fee Services.
The hours worked will include any users’ who entered time for this Matter.
The imputed Total (Regular hourly rate multipled by the Hours Worked) provides you with your “hourly rate” when you choose to bill on a Flat Fee Basis.
The Difference equals Flat fees Billed minus Imputed Total. This is the difference between billing on a flat fee basis versus an hourly basis.
If this number is above your hourly rate, then this means you made more money billing on a flat fee basis, as opposed to time based only.
If this number is below your hourly rate, then this means you would have made more money billing this matter as a Time Based Only matter.
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