The PI Retainer Calculator was designed to aid you in establishing how much a case should cost and what level of retainer you should obtain from the client. The primary assumed goal is to get a 100% retainer up front, thus avoiding having to invoice and collect fees.
This calculator considers the field time, travel time, mileage estimate per investigator, an estimated time for video editing and report writing, and case management time. In many PI firms, there is some level of this type of office work, but it is easy not to calculate it into your retainers’ fees upfront.
This calculator also gives you pricing for 2 and 3 investigators per case and the ability to discount for additional investigators and up to 4 scenario options providing you with a large variety of options to present to your client.
* The PI Retainer Calculator is a downloadable spreadsheet made in Microsoft Excel 365 and intended for use in Excel or other spreadsheet programs that support all Microsoft Excel 365 formatting and calculations. It is incumbent on the purchaser to ensure that the software the purchaser has will support this spreadsheet.
While EVCO LLC makes every effort to deliver high-quality products, we do not guarantee that our products are defect-free. This spreadsheet is provided “as is,” and you use this spreadsheet at your own risk.
We make no warranties as to performance, merchantability, fitness for a particular purpose, or any other warranties, whether expressed or implied.
No oral or written communication from or information provided by EVCO LLC shall create a warranty.
Under no circumstances shall EVCO LLC or any of its agents, employees, officers, owners, or other associates be liable for direct, indirect, special, incidental, or consequential damages resulting from the use, misuse, or inability to use this spreadsheet, even if EVCO LLC has been advised of the possibility of such damages.
Purchase of this Retainer Calculator is for use by a single entity or individual. This License is not transferable.
EVCO LLC retains full Intellectual Property Rights.