LeanLaw tracks the difference between hours tracked and hours billed.
LeanLaw has a handy Adjustments feature for when you want to adjust down a time entry on a specific invoice: the special sauce is that LeanLaw stores this data to calculate the difference between hours tracked and hours billed. Read more about LeanLaw Return on Investment (ROI).
You can start to look at patterns. Are certain timekeepers having to write down time? Is it usually for the same task? You can make more informed decisions for your law practice, matching tasks to the appropriate attorneys, and eliminate bottlenecks or under-utilizing.
Writing down the time entry (but still keeping track of the original time entered) is exportable and printable to Excel sheets to use for further analysis. You can capture what was written down, and present the client with the adjusted amount.
You can view this at the timekeeper level and the client level.
If you still have questions or would like to request a demo, please contact us.
Published by
The LeanLaw Team
The LeanLaw Team is the legal-finance content team behind LeanLaw — the billing, trust accounting, and revenue-reporting platform built natively on QuickBooks Online. Drawing on years of work alongside law firms and the accountants who serve them, the team writes about trust accounting, IOLTA compliance, legal billing, and law-firm financial operations. LeanLaw is a QuickBooks Online Premium App Partner.