A chart is available that provides a forecast of the expected fees related to upcoming settlements. The idea is to provide an overview of fees related to matters to be settled in the future. Various timescales are provided so that the effect on cash can be understood.
The chart shows matters where the settlement date falls within the time period selected. The expected fees are derived from the estimate held on the matter. The assumption is that future settlement dates are recorded against the matter and that the expected fees from the settlement are entered into the matter estimated fees field.
The time periods available for selection are:
This Week
This Month
Next Month
Previous Month
Next 6 Months
Next 12 Months
Next 3 Years.
When used on the Firm Dashboard the chart shows the settlements due in the time period selected for all staff for the firm, office, department or team, depending upon the scope selected.
When used on the Fee Earner Dashboard the chart provides a handy overview of the user's settlement fees due in the time period selected.
A drilldown is available from the total or from each individual bar on the chart. The drilldown shows a list of the matters due for settlement from the specific area of the chart selected.
The RedView Team