The Fee Comparison uses several calculations to display the comparison between different matters. Below is an explanation of some of the common calculations:
Total number of hours
The total number of hours is calculated by adding the average number of hours used for each included activity (or other category selection).
Total recorded value
The total recorded value is calculated by adding the average recorded value for each included activity (or other category selection).
The blended rate is calculated by dividing the total recorded value by the total number of hours.