Budgeting & pricing summary
Matters only stay profitable when pricing, scope, and spend stay visible from intake to close. Perspectis brings budgeting and pricing summary into the same intelligent layer as time, OCG rules, and firm knowledge-so finance, relationship teams, and lawyers share one source of truth.
AI-assisted estimates ground fee proposals in how your firm has actually delivered similar work, while live burn tracking and governance prevent surprises before they hit the invoice or the client relationship.
Capabilities
- Precision Matter Pricing: Use AI to analyze your firm's historical data and generate accurate, competitive fee estimates for new matters.
- Real-Time Burn Rate Tracking: Monitor budget health at every phase to ensure matters stay profitable and avoid end-of-month billing surprises.
- Automated Budget Governance: Protect your margins with built-in approval workflows for budget changes and instant alerts when thresholds are reached.
- Complete Matter Lifecycle Management: Seamlessly track every stage of a case, from initial intake and planning through to final closeout.
- Enhanced Client Transparency: Provide clients with detailed, phase-based budget views and accrual summaries that build trust and reduce fee disputes.
- One-Click Financial Templates: Standardize excellence by launching new matters using proven budget templates tailored to specific practice areas.
- Impactful Practice Analytics: Turn your billing history into a strategic asset with deep-dive reports on matter performance and team efficiency.
From estimate to closeout
Precision matter pricing uses your firm's historical experience to support competitive, defensible fee estimates for new work. As the matter progresses, real-time burn rate visibility and lifecycle tracking keep phases, budgets, and outcomes aligned-not reconstructed weeks later.
Governance clients can trust
Automated budget governance, approvals, and threshold alerts protect margins without slowing teams down. Client-ready, phase-based budget and accrual views improve transparency, reduce disputes, and pair naturally with templated financial starting points by practice area.