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Harbor & Vale LLP · Synthetic · Stage 1 · Illustrative

Firm-wide

Client-base lenses

Five questions every firm should answer about its clients, computed from billing. Fees are the trailing 12 months unless a year is shown.

SyntheticStage 1Illustrative

Top 20% of clients produce

48%

Active clients

33

Mean fees per client

$299K

Median $253K — averages mislead, so both are shown

Bigger driver

Size

Top vs bottom decile: 1.4× invoices, 12.3× invoice size

Decile table

DecileClientsFeesShareInvoices / clientAvg invoice
13$2.3M24%8.0$97K
23$1.9M19%8.3$75K
33$1.3M14%5.3$84K
44$1.4M14%5.8$60K
53$844K9%6.7$42K
63$741K8%7.0$35K
74$642K7%6.8$24K
83$297K3%7.7$13K
93$225K2%6.0$12K
104$182K2%5.8$8K

Right-skewed, as expected: most clients are small and the tail carries the value.

Why this is different. There is no average client. Each lens uses one common set of cut-offs, so the same fees are read the same way across every view.