Managing retainer agreements just got easier. We’re excited to announce the release of our new Retainer vs. Actual Hours Report, designed to give you a clear, real-time comparison between the hours you've billed under retainer agreements and the actual hours worked.

For many legal professionals, understanding the gap between retainer hours and actual time spent on client work is crucial. Now, you can:

• Track Efficiency: Instantly see if you're spending more time than expected on a case, or if you're staying within the retainer limits.
• Enhance Client Transparency: Provide clients with clear reports that break down the value they receive under their retainer, helping to build trust and improve communication.
• Leverage Automated Time Tracking: The report pulls actual hours data directly from our passive time tracker, ensuring every minute is automatically captured without manual entry. This helps ensure accuracy and saves you time when tracking billable hours.

Why This Matters

Retainers are a valuable tool in legal practice, but without proper tracking, they can quickly become a source of confusion. Our new report offers a streamlined way to monitor the balance between what clients have paid for and what work has been done. With this information, you can more effectively manage workload expectations and avoid over-servicing without additional compensation.

By simplifying your workflow, you can spend less time on administrative tasks and more time focusing on delivering top-notch legal services.

Ready to explore the Retainer vs. Actual Hours Report? Log into your account now to start using it!