IntelliStat Matter Planning is designed to help legal professionals better plan, manage, and monitor specific engagements, especially those classified as Alternative Fee Arrangements (AFA). IntelliStat Matter Planning leverages historic performance metrics held in the IntelliStat data repository.  By leveraging with IntelliStat Matter Planning, a legal professional can properly plan for new engagements as well as simultaneously manage the variance of existing matters as the engagements are brought to conclusion.

Features

• Fully web based and enabled - requires only a browser to use.
• Support for budgeting modeled on historical client and/or matter performance.
• Embedded support for leveraging profitability metrics to measure component profitability on both a historical and prospective basis. 
• Allows users to budget for hourly and non-hourly arrangements.
• Allows planning for generic staffing titles as well as specific individual resources.
• Allows users to manage budgets throughout the matter’s lifecycle. 
• Built-in “What-If” capability allows users to see the impact of changing key drivers (Staffing Ratios, Realization Rates, Disbursement Adjustments, Carrying Costs, etc) of historical of existing matters.

Benefits

• Allows legal professionals to reduce risk exposure by using the performance metrics in IntelliStat to generate competitive quotes for similar proposed work.
• Projects the profitability margins of an engagement before work commences as well as adds a measure of objectivity to the bidding process for fixed fee arrangements.
• View variances throughout a project to identify potential financial issues before they occur.
• Enforces accountability for performance against matter-level budgets.