How do I use the Adjusted Savings and Adjusted Spend override?

This feature allows you to override the savings and/or spend captured at the matter-level. To update both is a two step process.

When should I use this?

We understand that the default method might not always be the right fit for certain use cases e.g.:

• Scope changes.  When the SoW has deviated or evolved substantially, and the eventual agreed fee is not reflective of the firm's final proposal bid.
  • NB We would recommend that the firm revises their proposal, but realize that this isn't always possible.
• Portfolio or Multi-matter RFPs where the scale and volume of work - and therefore the spend and savings - can change.
• Reflect discussions happening outside of PERSUIT, e.g. discounted work.  Again, we would recommend that the firm revises their proposal to accurately reflect this in both your data and theirs.
• Alternative savings calculations when your default PERSUIT savings calculation is not applicable.

Who can use it?

Only Group Managers can override the savings calculations. Those without Group Manager access can still see the adjusted savings but cannot take action.

How do I use it?

In the Analytics tab of the request, the estimated savings shown reflect the PERSUIT savings calculation method chosen by your group. You can make these overrides for each request:

• Savings
• Adjusted agreed fee

Override Savings

To adjust, click the button underneath the savings calculation. 

Enter your Adjusted Savings estimate in the text box, then Next.

This number will be used in reporting and be aggregated with matters that still include default PERSUIT savings estimates to provide accurate total metrics.

If you only wish to adjust the agreed fee, you will still need to go through this step, and should re-enter or adjust the savings accordingly.

Adjusted Agreed Fee

After adjusting savings, another text box will appear for the adjusted fee . This is the total amount you expect to spend (or did spend) on this request.

Click Override Savings once ready.

What next: how is everything calculated?

The Adjusted Savings will automatically replace the Estimated Savings.

Click Calculation underneath the new savings estimate for a formula breakdown of this number. The baseline fee number here is automatically calculated.

Use the Notes text box to explain the changes, context and any calculations to your colleagues.

At the bottom, you’ll find a preview of what the initial PERSUIT Estimated Savings would look like and can revert to the default inputs and model at any time by clicking Revert.