Financial Health & Profitability Analytics

Caldwell Merritt LLP · FY2024 Q3 · 62 Equity Partners · $127M Gross Revenue

Profit Per Equity Partner
$1.87M
-4.2% YoY
Effective Rate After Write-Downs
$412
-6.8% vs Q1
Staffing Leverage Ratio
2.4:1
-0.3 vs target
WIP-to-Billing Cycle
42d
+7d vs target
Collection Realization
91.2%
+1.8% QoQ
Associate Utilization
78.3%
+2.1% QoQ

Matter Profitability by Practice Group

Bubble size = Revenue · Target MPI ≥20% · Q3 2024

Effective Hourly Rate Trend

After write-downs · Last 90 days

Staffing Leverage by Practice

Associate : Partner ratio · Q3 2024

WIP-to-Billing Cycle Time

Days by practice group · Q3 2024

Overhead Cost Per Billable Hour

By office · Q3 2024

Budget Variance by Matter Type

Actual vs. Budgeted Hours · Q3 2024

Matter Profitability Detail

Top revenue matters · Sorted by MPI

Matter Practice Office Revenue Cost MPI Leverage Status
TechVenture M&A Corporate NYC $4.2M $2.8M 33.2% 2.8:1 High
Pharma Litigation Litigation Chicago $3.8M $2.4M 36.8% 3.2:1 High
REIT Financing Real Estate Dallas $2.9M $2.1M 27.6% 2.5:1 High
SecureNet Compliance Corporate NYC $2.6M $2.0M 23.1% 1.9:1 Med
IP Portfolio Defense IP Miami $2.3M $1.7M 26.1% 2.6:1 High
Employment Class Action Labor Chicago $1.9M $1.6M 15.8% 1.7:1 Low
CloudCorp Discovery Corporate NYC $1.7M $1.5M 11.8% 1.4:1 Low
Tax Controversy Tax Dallas $1.5M $1.1M 26.7% 2.3:1 High

Origination Credit Concentration

Top 10 partners · % of total originations

Expense Ratio by Practice

Expenses as % of revenue

Data refreshed: Dec 20, 2024 at 6:42 AM EST
Source: Elite 3E · Goal: PPP $2.15M by Q4 2025