The computation involves allocating direct and indirect expenses of the firm to each matter, using
allocation methods appropriate for each type of expense, subtracting those matter expenses from fees collected and dividing the result by the notional number of partners working on the matter (which is computed using partner hours for the matter).
Not exact matches
Comparing the benefits and costs of different
allocation methods in order to choose the
method that is most
appropriate for some specific problem can result in more effective
allocations and a more effective overall
allocation system.
It is a rapid review of the evidence on priority setting
methods that support the key design principle of «Efficient and
appropriate allocation of resources where they can do most good on the basis of models of best practice which deliver best health outcomes».