Garrison, Mercer & Associates

AI Readiness Assessment
Prepared by AegisBoardroom  |  April 2026  |  Sample Report

Executive Summary

0
Uncollected fees per year
Billing collected at 78%. Industry benchmark sits between 88% and 92%. Nobody is tracking the gap or identifying where it occurs.
The firm bills $6.8M annually, but $680K of that never converts to collected revenue. There is no realization rate analysis by attorney, practice area, or client. The bookkeeper tracks accounts receivable, but nobody investigates why certain invoices age past 90 days or which attorneys consistently under-collect. The gap between billed and collected has been growing for three years, invisible because no one is measuring it.
0
Revenue from top 5 clients
No systematic business development. All new clients from partner referrals. One departed partner took $800K in client revenue last year.
Nearly half the firm's revenue depends on five client relationships, each tied to a specific partner. When a partner left 14 months ago, $800K in annual revenue walked out with him. There was no transition plan, no institutional relationship, and no early warning that the partner was considering departure. The remaining client relationships follow the same pattern. If any of the four current partners left tomorrow, the clients would follow.
0
Team members, zero hours allocated to firm strategy
All 4 partners billing 1,600 to 1,900 hours per year. No time budgeted for business development, operations, or planning. Running on autopilot since 2019.
David Garrison bills 1,800 hours annually while also serving as managing partner. The other three partners carry similar loads. Every hour spent on firm management is an hour not billed, so firm management does not happen. There is no COO, no firm administrator, no dedicated marketing function. Strategic decisions get made in hallway conversations or not at all. The firm has not held a formal partnership meeting focused on strategy in over two years.
0
AI readiness score out of 10
Basic infrastructure exists, but no data visibility, no business development function, and no capacity for change while partners are billing full loads.
The score reflects a firm that has survived on reputation and partner relationships for 34 years, but has not invested in the operational infrastructure that would make it resilient. The case management system is outdated. There is no pipeline tracking, no client health monitoring, and no competitive intelligence. The partners are too busy billing to address any of it, which means the problems compound year over year.
Partner Overload
All 4 partners billing 1,600 to 1,900 hours. Zero hours allocated to firm strategy or business development.
David is billing a full attorney load while also serving as the firm's managing partner, de facto COO, and sole business development resource. The other three partners focus entirely on their caseloads. Nobody is watching firm-level metrics, evaluating practice area performance, or planning for the next 12 months. Two of the younger partners are showing early signs of burnout. The firm has been on autopilot since 2019, and the autopilot is pointed at a mountain.
Client Concentration
Top 5 clients are 44% of revenue. No pipeline, no CRM, no business development function.
Every client relationship is partner-dependent. There is no institutional relationship with any client. When the firm lost a partner last year, $800K in annual revenue disappeared with no warning and no recourse. The firm has no business development strategy, no referral tracking, no pipeline visibility, and no system for identifying when a client relationship is weakening. New clients arrive through partner networks. If the partners are too busy billing to network, new clients stop arriving.
Financial Blindness
No utilization tracking by practice area. Collection rate at 78%, 10+ points below industry benchmark.
The bookkeeper tracks accounts receivable, but there is no analysis of utilization rates, realization rates, or profitability by practice area. Nobody knows whether business litigation or corporate transactions generates better margins. The 78% collection rate means $680K per year in billed work never becomes revenue. There is no process for identifying which clients pay slowly, which matters are under-billed, or which attorneys have the widest gap between billed and collected.
Technology Gap
Case management from 2016. No document automation. Competitors using AI-assisted review and drafting.
Attorneys draft from templates stored on local drives. There is no centralized document management, no version control, and no automation for standard agreements. The case management system is functional but outdated, with no integration to billing or client communications. Meanwhile, competing firms in the Kansas City market have adopted AI-assisted document review, contract drafting, and legal research tools. The productivity gap widens every quarter. Paralegals spend hours on work that AI tools handle in minutes at peer firms.

Readiness by Function

0
Overall
Financial Visibility
3/10
Bookkeeper tracks AR, but there is no practice-area profitability analysis, no utilization metrics, and no realization rate tracking. The firm knows how much it bills. It does not know how much of that billing converts to revenue, or which practice areas and attorneys drive the best margins.
Sales Operations
2/10
No business development function. No pipeline. No CRM. No referral tracking. All new clients come through partner personal networks, and nobody tracks where referrals originate, how many convert, or what the average time-to-engagement looks like. When partners are too busy to attend bar events or maintain relationships, the pipeline dries up.
Operational Efficiency
4/10
Case management exists but is outdated. Billing is manual and time-intensive. Document assembly relies on templates scattered across local drives. The firm functions day to day, but every process takes longer than it should, and none of the systems talk to each other.
Marketing
1/10
No marketing function at all. The firm website has not been updated since 2020. No content strategy, no social media presence, no email list, no thought leadership. The firm's reputation carries weight in Kansas City, but reputation alone is not a growth strategy, and it does not protect against competitors who are actively marketing.
Technology Stack
5/10
Office 365 provides a solid foundation. Basic case management is in place, along with QuickBooks for accounting. But there are no AI tools, no document automation, no centralized knowledge management, and no integrations between systems. The tech stack is functional but five years behind the market.
Owner Sustainability
3/10
David is 57, billing a full partner load, and carrying the entire administrative burden of a 32-person firm. Two younger partners show burnout indicators. There is no succession plan. No firm administrator. No COO. If David steps back or burns out, nobody is positioned to run the firm. The partnership structure has no documented governance beyond what is in the original partnership agreement from 1992.
Financial (3) Sales (2) Operations (4) Marketing (1) Tech Stack (5) Owner (3)

Three Quick Wins

$0K
Uncollected Fees Made Visible
Utilization and realization dashboard tracks billing efficiency in real time. Collection gap identified by attorney, client, and practice area.
Click to see how

Right now, the firm bills $6.8M and collects $5.3M. The $680K gap is not a single problem. It is dozens of smaller problems: invoices that age past 90 days because nobody follows up, matters where attorneys under-bill because they lose track of time, clients who consistently pay late with no consequence, and write-downs that happen quietly without analysis.

A utilization and realization dashboard connects billing data to collection data and surfaces the patterns. Which attorneys have the widest gap between billed and collected? Which clients are chronically late? Which practice areas generate the highest realization rates? For the first time, the firm sees where the money goes after it is billed.

The $680K does not all become collectible overnight. But making the gap visible is the first step. Firms that implement realization tracking typically recover 30% to 50% of the identified gap within the first year by addressing the root causes: better billing practices, faster follow-up, and strategic decisions about which clients are worth the collection effort.

0%
Concentration Risk Monitored
Client health scoring identifies at-risk relationships before a partner departure turns into a revenue crisis.
Click to see how

The firm lost $800K in annual revenue when a single partner left. That loss was preventable. Not because the partner could have been retained, but because the client relationships were never institutionalized. Every engagement was a relationship between one partner and one client. The firm had no presence in those relationships beyond the individual partner.

A client concentration alert system tracks revenue dependency by partner and client. It flags when any single client exceeds a threshold percentage of firm revenue. It monitors engagement frequency, billing patterns, and communication volume for signs that a relationship is weakening. When a client has not heard from the firm in 45 days outside of active matters, the system surfaces it.

The goal is not to eliminate partner-client relationships. Those relationships are the firm's strength. The goal is to make the firm aware of concentration risk and create institutional touchpoints that survive partner transitions.

0%
Drafting Time Reduced
Automated document assembly for standard agreements frees partner hours currently spent on routine drafting.
Click to see how

Attorneys currently draft from templates stored on local drives. Each attorney has their own preferred versions. There is no centralized template library, no version control, and no automation. A standard operating agreement that should take 45 minutes takes two hours because the attorney is searching for the right template, adapting it manually, and checking prior versions for relevant language.

Automated document assembly centralizes the firm's template library and builds intelligent workflows around the most frequently drafted documents. For standard agreements, engagement letters, and routine corporate filings, attorneys answer a structured set of questions and the system produces a first draft. The attorney reviews and refines rather than building from scratch.

A 40% reduction in drafting time on standard agreements translates directly into freed partner capacity. Those hours can shift to billable work on complex matters, business development, or firm strategy. For a firm where partners bill 1,600 to 1,900 hours and have zero hours budgeted for anything else, reclaiming even 200 hours per partner per year changes what is possible.

First 30 Days

Week 1
Full operational audit with separate partner interviews
  • Interview all 4 partners separately to understand each person's caseload, frustrations, and vision for the firm
  • Map billing workflows from time entry through collection, identifying where delays and write-downs occur
  • Document client origination patterns: which partners bring which clients, and how relationships are maintained
  • Identify the $680K collection gap by attorney, practice area, and client
  • Inventory all current tools, templates, and processes across both practice areas
Week 2
Financial dashboard deployed, first utilization report by attorney and practice area
  • Connect financial dashboard to case management and billing systems
  • First utilization report delivered: hours billed vs. hours available, by attorney
  • First realization report delivered: billed vs. collected, by attorney and practice area
  • Identify the top 10 aged invoices contributing to the collection gap
  • Begin documenting the standard agreement templates used most frequently across the firm
Week 3
Client health scoring live, competitive intelligence on local and regional firms
  • Client concentration dashboard live: revenue by client, by partner, with threshold alerts
  • Client health scores assigned based on engagement frequency, billing patterns, and communication recency
  • First competitive intelligence brief: what peer firms are adopting in technology and marketing
  • Identify at-risk client relationships based on declining engagement or communication gaps
  • Evaluate document automation options compatible with the firm's existing technology stack
Week 4
Assessment report delivered with 90-day roadmap, first partner strategy session
  • Full assessment report delivered with scored readiness, prioritized action items, and 90-day roadmap
  • First dedicated partner strategy session: non-billable time blocked, agenda focused on firm health
  • Review financial dashboard findings with all partners: utilization, realization, and practice-area profitability
  • Present client concentration risk analysis and recommended institutional touchpoint strategy
  • Compare Week 4 metrics against Week 1 baselines: collection activity, utilization visibility, and client health coverage

This is what Garrison, Mercer received from their AI Readiness Assessment.

Every assessment is built around your specific situation, your numbers, and your constraints. No templates. No generic recommendations.

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