Sample Report · Law Firms
PI Financial Control Pack — Law Firm Sample
Illustrative sample using fictional data. This is not client information and does not represent guaranteed results.
Executive Summary — March
Fees Earned (3 settlements)$412,300
Operating Expenses$228,600
Net Operating Income$183,700
Cash & Trust Position
Operating Cash$540,120
IOLTA Balance (bank)$1,204,882.14
Sum of Client Ledgers$1,204,882.14
Three-Way Variance$0.00
Open Exceptions
Stale outstanding trust check (94 days)1 item
Settlement pending disbursement > 30 days1 matter
Cost advance missing matter code3 entries
Advanced Case Costs
Open Advances (41 matters)$186,940
Aged > 18 months$32,410
Recovered at Settlement (Mar)$21,380
Settlement Pipeline & Tax Reserve
Expected Fees Next 90 Days$610,000
Quarterly Estimated Tax Reserve$96,500
Owner Distribution Capacity (est.)$74,000
Key questions for owner review
- The 94-day stale trust check — reissue or escheat process?
- Three cost entries lack matter codes — approve recode?
- April settlement concentration: hold distributions until the Hendricks fee clears?
This is the monthly conversation your firm is missing
Every number above ties to a reconciled ledger — and every exception gets an owner decision, not a shrug.
Book a Law Firm Financial Control Review