Legal practice Revision Round Cost
Revision cost = rounds × people × hours × hourly cost
Gather time sheets, engagement scopes and invoice ageing. Include professional time, filing expenses, and admin support. The starting figures are examples. Replace them with your own records.
Formula and worked example
Revision cost = rounds × people × hours × hourly cost
| Input | Example |
|---|---|
| Extra revision rounds | 3 |
| People involved per round | 2 |
| Hours per person per round | 2 |
| Loaded hourly cost | 45 |
| Calculated result | 540 |
Choose reliable inputs
Account for delivery time, review work and when you expect to be paid for each engagement. For this legal practice calculation, use time sheets, engagement scopes and invoice ageing and a consistent definition of one matter.
- Professional time: include the portion belonging to this matter or reporting period, and record where the value came from.
- Filing expenses: include the portion belonging to this matter or reporting period, and record where the value came from.
- Admin support: include the portion belonging to this matter or reporting period, and record where the value came from.
Use the same currency for every money input. Do not mix weekly costs with monthly revenue, or count the same expense in both an itemised cost and allocated overhead.
How much does one more revision round cost?
Include coordination in recorded hours and do not assume extra rounds are contractually billable.
What if this input changes?
If extra revision rounds rises by 10%, this example changes by 54 . This shows the effect of one change; it does not predict what will happen.
Open the calculator, save your baseline, then change the input supported by the least reliable estimate in your records. Compare both scenarios before committing to a price or capacity promise.