Peak Performance offers insights into how your firm is performing as the industry evolves around you  

Developed with Law Firms, for Law Firms!

Developed as a standalone data-driven analysis tool for law firms, and powered by Power BI, Peak Performance provides actionable insights into a firm's performance against peers, revealing opportunities to improve profitability, efficiency, staffing, and client value, ultimately leading to more strategic decision-making and competitive advantage. 

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The impact of implementing Practice Intelligence was immediate, and made all Producers conscious of their performance metrics and gave Partners/ Management easy access to valuable insights across all Teams.

Peter Rothwell, Finance Manager at Govett Quilliam

What is Peak Performance?

Peak Performance is a benchmarking tool that captures key metrics from your Practice Management System and uploads them to our secure environment where they are aggregated and made available to Peak Performance clients. You can then compare your actual data against the benchmarking pool in our easy-to-understand charts.
 
Built on almost 10 years of experience building Practice Intelligence with law firms, Peak Performance is available as a standalone benchmarking module, or alongside Practice Intelligence.
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The metrics are carefully selected to prevent reverse calculating your firm figures and only aggregated and anonymised data leaves your environment to be combined with other Peak Performance clients data.

The metrics available are:
•    Fees per Hour
•    Charge Time per Day
•    Authors active per month
•    WriteOff % (time markup/markdown)
•    Premium % (time markup/markdown + invoice adjustments + negative fees)
•    WIP Days
•    WIP 90+ day %
•    Debtor Days
•    Debtor 90+ day %

PEAK Score is calculated using five high value metrics - Fees per Hour, Charge Time per Day, Write-off %, WIP Days and Debtors Days and provides a simple score so you can see at a glance how you compare with other firms.

Complimentary Dashboards with Peak Performance

There are 2 complimentary Practice Intelligence management dashboards included with Peak Performance

Management Dashboards in Practice Intelligence include:

Firm Overview dashboard:

  • Monthly budget vs actual to date
  • Yearly budget vs actual to date
  • Current WIP and debtors by group
  • Author performance

Author Performance:

  • Budget
  • Team averages across the firm
  • Client fees and time by matter and by team
  • Chargeable time by activity and author for the last 12 months
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Author Performance dashboard

Partners have easy access to a wealth of practice metrics in both Windows and iOS environments and authors have quick and easy access to key metrics such as daily hours and detailed WIP and debtor information.

Peter Rothwell, Finance Manager at Govett Quilliam

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