SPITMARKET Team
This Legal Rate Analysis excel template allows you to compare legal firm hourly rates across type of matter and country. Simply enter the hourly rates for each firm, the type of matter, and the country, and the template will automatically calculate a weighted comparison. This will help you to quickly and easily identify the most cost-effective legal firm for your needs.
Features:
- Automatically calculates a weighted comparison of legal firm hourly rates by billing seniority.
- Supports multiple types of matters and countries.
- Easy to use and navigate.
- Auto generates summaries of spend to allow a quick and simple comparison.
- Pre-populated data based on aggregated legal rates which provide an immediate industry benchmark on costs
Benefits
- Save time by quickly and easily comparing legal firm hourly rates.
- Simplify complex data to make it easy to understand and compare.
- Make informed decisions about which legal firm to hire
- Be able to immediately assess your own legal rates against market rates
- Get the best possible insight into your legal fees
Legal Rate Analysis by Country
This summary page uses array formulas to automatically display the firm name with the lowest hourly rate and the corresponding rate.
High Level Rate Summary
| File Type | MS Excel |
| Business Category | Cost Comparison, Financial Models and Planning, Procurement |
| Key Aspects | comparing legal fees, legal fees, Legal hourly rates |
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Roger