This guide explains how to use the fee comparison to find similar matters, compare them, find costs of the type of work and create fee quotes.
Step 1: Go to 'Fee comparison' in the menu bar;
Step 2: In the field 'Search for a matter or activities', type in a name, client or type of work to select a reference matter; and
Step 3: Select the reference matter from the dropdown. You can select multiple matters;
Step 4: Optional: apply filters if necessary. Please note this will narrow down the identification of similar matters;
Step 5: Once you have selected the reference matter, similar matters appear. Select one or more similar matters and click on 'Add to reference matters';
Step 6: On the right, an overview of averages is generated based on the matters you selected. Compare the fees of the selected matters on an activity level:
Step 7: If you want to compare the fees by another variable, click on Activity and select a variable from the list:
Step 8: If you want to apply a percentage increase to reflect the increase of current rates, click on 'Today's rates' and you can enter a percentage that corresponds to the current yearly increase. The values in the fee comparison will be updated with the selected percentage once you click on OK.
Want to copy the fee comparison into a budget? See the Quick Guide on Budgets in our support portal.