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Fixed Fee vs Hourly Fee Calculator

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

Hourly equivalent of a fixed fee, the fee at your hourly rate, the difference and the hours at which the two are equal.

  • Runs in your browser
  • Nothing stored or sent
  • Free, no sign-up
Your figures
Example figuresIllustrative only. Type over them with your own.
Fixed fee less hourly fee
-$3,600
Positive means the fixed fee is higher than hourly
Hourly equivalent of the fixed fee
$107
Fee at the hourly rate
$33,600
Drawn to one scale
Hourly equivalent of the fixed fee$107
Fee at the hourly rate$33,600
Fixed fee less hourly fee-$3,600
All results
MeasureResult
Hourly equivalent of the fixed fee$107
Fee at the hourly rate$33,600
Fixed fee less hourly fee-$3,600
Hours at which the two fees are equal250.0 hours
How this was worked out
Work shownrecomputed as you type
Hourly equivalent = fixed fee / hours
Hourly fee = hours x rate
Equal at hours = fixed fee / rate

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

The formulas

  • Hourly equivalent = fixed fee / hours
  • Hourly fee = hours x rate
  • Equal at hours = fixed fee / rate

How it works

Above the equal-fee hours a fixed fee pays less than hourly billing. Below them it pays more. The risk sits with the firm under a fixed fee.

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

Common questions

How should I set the hour estimate?

Use the engagement budget, with a range for scope you cannot yet see.

Should expected realization enter?

Multiply the hourly rate by expected realization to compare cash outcomes.

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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