Revenue Goal Calculator for Law Firms
Reverse-budget your target income — from the take-home you want to the revenue and matters it takes.
Instead of guessing a revenue target and hoping enough is left over, this calculator works backward from the take-home you actually want. Enter your goal, your firm's operating costs, and a tax rate, and it reveals the annual and monthly revenue — and the number of matters — your firm needs to get there. It's built for law firm owners and partners who want a concrete number to aim at, not a vague one.
Revenue Goal Calculator
Updates live as you change any number.
The after-tax money you want in your pocket.
Firm costs excluding owner pay and taxes.
Many pass-through owners use 25–35%.
Per matter, case, or engagement — for a target case count.
Required Annual Revenue
about $34,524 per month.
Your take-home matches the goal you entered — a built-in sanity check.
Matters Per Year
83
Matters Per Month
7
How the Math Works
Step 1: Pre-tax Profit = Desired Take-Home ÷ (1 − Tax Rate)
Step 2: Annual Revenue = Operating Expenses + Pre-tax Profit
Step 3: Monthly Revenue = Annual Revenue ÷ 12
Step 4: Matters Needed = Annual Revenue ÷ Avg. Revenue per Matter
The key move is grossing up your take-home for taxes before adding expenses. Because taxes come out of profit, you have to earn more than your goal to keep your goal — that's why the pre-tax profit is larger than the take-home you typed in. Add your operating costs on top and you get the true revenue you need to run the firm and pay yourself what you want.
This is an estimate for planning purposes only and is not financial, tax, or legal advice. Your actual tax rate, deductions, and entity structure will change these numbers — talk to a professional before setting your plan.
Turn This Target Into a Real Plan
Want a real plan to hit this number, not just the target? That's what our advisory work does.
Frequently Asked Questions
How is this different from a normal budget?
A normal budget starts with the revenue you expect and works down to whatever take-home is left over. This works the other way around: you start with the take-home you actually want, then back into the revenue — and the number of matters — your firm needs to produce it. It turns a vague income wish into a concrete intake target.
What should I use for my tax rate?
Many law firm owners with pass-through entities set aside roughly 25% to 35% of profit for federal and state taxes, but the right number depends on your entity type, state, deductions, and total income. Use a rate that feels realistic for your situation as a starting point — we can help you pin down a precise figure so your goal isn't off by thousands.
Does this account for partner salary vs. distributions?
We keep it simple on purpose. "Take-home" here means the money you keep after tax on profit, regardless of whether you pay yourself through salary, distributions, or a mix. The split between the two affects your actual tax bill, which is exactly the kind of detail our advisory work optimizes once you have a target.
What if my firm doesn't charge a flat fee per matter?
Leave the average-revenue field at its default or ignore the matter-count output — the revenue and monthly targets still apply. The per-matter math is just a convenience for firms that want to translate a revenue goal into a target number of cases, files, or engagements to take on.