For managing partners

What a managing partner needs to know by 9 a.m.

Before the first meeting of the day, you should know which problems need you, how much each one is worth, and who is already on it.

Three questions before the day starts

A short, ranked list of the issues that need a partner's decision this morning — not every number in the firm.

Each issue carries a dollar figure, so you can see where the money is leaking before the month closes.

Every issue names who should act and the next step, so the conversation starts with a decision instead of a report.

One email each morning, ranked by the money at stake.

Daily Pulse — Managing partner

3 issues need you today · $36,550 at stake

Sample data

$18,400
1. Six invoices for one client passed 90 days
Who acts: Billing lead
Next step: Call the client contact this week and agree a payment plan.
$11,250
2. Unbilled time on three matters is older than 45 days
Who acts: Responsible attorneys
Next step: Review and release the time before Friday's billing run.
$6,900
3. Write-downs on one practice area doubled this month
Who acts: Practice group lead
Next step: Check whether the discounts were approved and why.

Work is billed, but the cash sits with the client while the invoice gets older.

$42,300 across 14 invoices past 60 days

Sample data

Hours are recorded but never reach an invoice, and old time is harder to collect.

212 hours unbilled for more than 30 days

Sample data

Small reductions at billing add up to a large gap between work done and money billed.

$9,800 written down this quarter on one partner's matters

Sample data

Capacity you pay for every month goes unused when someone is under-assigned.

2 timekeepers below 50% of target hours for three weeks

Sample data

The fee is fixed, so every extra hour comes straight out of the margin.

4 flat-fee matters past their expected hours

Sample data

Leads are paid for, but few become signed clients and nobody connects the two.

$3,200 spent on one channel with no signed matters this month

Sample data

A flag is only useful if someone owns it until it is fixed.

Step 1
Flagged
The issue appears in the morning Daily Pulse with its dollar figure.
Step 2
Assigned
It names the person who should act — a billing lead, an attorney or a practice group lead.
Step 3
Tracked
LawKPIs keeps watching the numbers behind it each day.
Step 4
Resolved
It drops off the list once the numbers show it has improved or been fixed.