Section 01

The Profitability Formula

Click any component to explore the benchmarks and what moves it.

Utilization Rate
% of hours billed
Target: 75–85%
×
Realization Rate
% of billed time collected
Target: 85–95%
×
Leverage Ratio
Staff per partner
The multiplier
=
Profit Per Partner
The engine of firm economics
💡 Click any component above — see benchmarks, what moves it, and exactly how your BD work affects this number.