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Engagement Fee Pricing CalculatorHours by Level, Rates and Expected Realization

Is the practice earning what it should for the hours it spends?

Standard fee from hours and rates at partner, manager and staff level, and the quote needed to collect that value at your expected realization.

  • Runs in your browser
  • Nothing stored or sent
  • Free, no sign-up
Your figures
Example figuresIllustrative only. Type over them with your own.
Quote needed to collect the standard value
$44,222
Quote that nets the standard fee at your expected realization
Total hours
280.0 hours
Fee at standard rates
$39,800
Drawn to one scale
Fee at standard rates$39,800
Quote needed to collect the standard value$44,222
Blended standard rate$142
All results
MeasureResult
Total hours280.0 hours
Fee at standard rates$39,800
Quote needed to collect the standard value$44,222
Blended standard rate$142
How this was worked out
Work shownrecomputed as you type
Fee at standard = sum of (hours x rate) by level
Quote = fee at standard / expected realization

Illustrative arithmetic on the figures you enter. Check the result against your firm's methodology before relying on it.

The formulas

  • Fee at standard = sum of (hours x rate) by level
  • Quote = fee at standard / expected realization

How it works

Estimate hours by level from the scope, price them at your standard rates, then gross up for the realization you expect. A quote that equals standard value collects less than standard value whenever realization is below 100 percent.

Illustrative figures only. Check the result against your firm's methodology before relying on it.

Common questions

Where do the hours come from?

From the engagement budget by phase, or from prior-year actual hours adjusted for scope changes.

Why gross up for realization?

Write-downs and write-offs mean the amount collected is lower than the amount priced. The gross-up prices that in.

Does this set a market price?

No. It computes the fee that your hours, rates and realization imply.

Formulas on this page are the standard definitions.

Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.

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