Expert Opportunity Calculator is an intuitive, easy-to-use solution that helps partners, managing directors, and practice group leaders quickly make informed decisions about pricing. It ensures that new business and matters are priced in such as way as to meet - or exceed - firm profitability targets.

Expert Opportunity Calculator minimizes a firm's exposure to risk by quickly identifying pricing scenarios that do not meet established profitability targets. Partners can simply adjust pricing variables, such as staffing levels, timekeeper assignments, rates, and more, to maximize the profit potential of any opportunity. As a seamless extension to existing matter intake processes, Expert Opportunity Calculator increases firm responsiveness to new business opportunities while saving valuable partner time.

• Maximize profitability of new business and matters
• Minimize costly pricing mistakes
• Reduce firm exposure to risk
• Increase accuracy of pricing proposals
• Save valuable partner time
• Improve responsiveness to new business requests

• Intuitive and easy-to-use interface
• Robust security filters for accessing, viewing, and editing data
• Stores, tracks, and manages pricing proposals
• "Clones" existing proposals to rapidly create new scenarios
• Real-time profit and loss statement for each pricing scenario
• Boardroom-ready graphical reports
• Shows expected contribution to objectives and performance targets

Expert Opportunity Calculator streamlines firms' new business intake processes by allowing partners to price, track, and manage new opportunities. Partners can store and manage pricing proposals, quickly compare multiple pricing scenarios, and "clone" existing proposals through the solution's easy-to-use interface. Expert Opportunity Calculator increases a partner's responsiveness to new opportunities, improves negotiations, and closes new business faster.

Expert Opportunity Calculator enables firms to easily create pricing scenarios that truly reflect their firm's business practices. Partners can create pricing scenarios in minutes by simply selecting the timekeepers they want assigned to an opportunity and entering billing rate and target billable hours information. The application uses this information to automatically generate an accurate pricing scenario.

Expert Opportunity Calculator stores a firm's rate schedule, list of timekeepers, and realization rate default values to help partners quickly generate pricing scenarios. Firms can also load supporting budget, actual, or forecast data, such as timekeeper hourly costs, to increase the accuracy of pricing. For maximum flexibility, firms can either populate pricing models with individual timekeeper cost rates or use generic staff level-based cost rates.

The application also supports alternative fee arrangements to accommodate today's more demanding clients, including discounts, rate schedules, or fixed-price bids.

Expert Opportunity Calculator helps partners quickly determine the most profitable pricing for any opportunity. A real-time profit and loss statement shows partners the projected profitability of each pricing scenario.

Partners can then adjust staffing levels, modify rates, and apply discounts to quickly build multiple pricing scenarios and test different combinations of critical pricing variables. Expert Opportunity Calculator instantly shows partners the bottom-line impact of their changes so they can maximize the profit potential for each opportunity.

Expert Opportunity Calculator allows partners to instantly see how potential engagements will contribute to firm objectives and performance targets. Color-coded highlights show partners how each pricing scenario stacks up against their firm's established key performance indicators, including:

• Leverage
• Revenue per Lawyer (RPL)
• Profit per Partner (PPP)
• Blended rate
• Profit margin

In addition, firms can add their own KPI and performance targets to the application.

Expert Opportunity Calculator produces "boardroom-ready" graphical reports for each new business opportunity. Customizable report formats allow partners to quickly focus discussions on the specific revenue and expense details of new opportunities as well as highlight their profit contributions. The reports can be exported to Microsoft Excel for deeper analysis by partners.