AR

AR shows the accounts receivable balance of customer invoices in the standard 

date ranges.

0-30 Days

31 - 60 Days

61 - 90 Days

91 - 120 Days

120+ Days

Each date range can be drilled down on to show the customer name and details.

Total, Paid, Due, and Due %.  Each drill down screen can be exported as a .csv or 

.pdf.

Concentration Ratio

Concentration ratio shows you the value out of 1 that your accounts receivable is concentrated.  The highest possible value is A value of 1 would indicate there is only 1 customer in the law firm.

Generally speaking, only having a few clients means there is a risk that the law firm can lose a significant portion of its revenue at any given time.

Diversity Index

Diversity index is the inverse of concentration ratio. The high the number in the diversity index. The more customers the law firm has. 

Generally speaking, the more customers in a law firm, the lower the risk of losing a large portion of the law firm’s revenue when a client leaves.