Accounting · Legal Practices · Worldwide
Financial recordkeeping built for law firms
Most accounting systems weren't designed with trust accounts, partner draws, or IOLTA rules in mind. Ours was.
What We Offer
Accounting that reflects how legal money actually works
Running a legal practice means managing money in ways most accounting setups don't handle well. Client retainers sit in trust, not in operating accounts. Partner draws depend on compensation structures that vary firm to firm. Monthly billing has to reconcile against both client ledgers and firm records.
That complexity deserves accounting designed for it — not a general-purpose system adapted after the fact.
Core Commitments
Three-way reconciliation, every month
Bank statement, individual client ledgers, and the master trust account — reconciled together, not in isolation.
Full audit trail on every transaction
Every entry documented with the supporting detail a compliance review or bar inquiry would look for.
Reports separated by fund type
Trust funds and operating funds never appear on the same report — because they serve entirely different purposes.
Services in Detail
What each engagement covers
Trust Account Management
IOLTA-compliant handling with individual client ledgers, monthly reconciliation, and reporting that keeps trust funds entirely separate from operating funds.
Three-Way Reconciliation
Monthly reconciliation across bank statements, client ledgers, and the master trust account — discrepancies identified and documented within the same billing cycle.
Partner Distributions
Periodic calculations based on ownership percentages, performance metrics, or points — with supporting schedules, tax withholding estimates, and capital account adjustments.
Billing Reconciliation
Client invoices matched against trust draws and operating account entries, with discrepancies flagged before each billing cycle closes — not discovered at year-end.
Audit-Ready Reporting
Every report structured with the documentation a bar association review or external audit would require — assembled as part of the monthly process, not reconstructed later.
Capital Account Tracking
Partner capital accounts maintained and adjusted as part of each distribution cycle — integrated with contribution history and the firm's current compensation structure.
The Process
From initial conversation to ongoing monthly work
Practice Assessment
We review your current account structure, billing cycle, and compensation model before anything is configured. This step determines what setup is actually needed for your firm.
Account Structure Setup
Trust accounts, operating accounts, and partner capital accounts organized to match bar requirements and your firm's compensation structure — no generic templates.
Monthly Management
Reconciliations, billing reviews, and financial statements prepared on a fixed monthly cycle. Partner distributions calculated monthly or quarterly depending on your agreement.
Review and Reporting
Quarterly summary reports and an annual review of account structure and any regulatory changes that affect compliance reporting requirements for your jurisdiction.
Why the Difference Matters
Legal money is different. Most general accountants treat it the same as everything else.
Trust account violations are among the most common reasons attorneys face bar discipline — and they rarely start with deliberate wrongdoing. They start with an accounting setup that wasn't built for the complexity of legal funds. A retainer recorded incorrectly. A reconciliation done quarterly instead of monthly. A report that doesn't distinguish client funds from the firm's.
Working with an accountant who understands how legal money flows doesn't eliminate all risk. It reduces the kind of structural errors that are genuinely difficult to catch once they've accumulated over months.
At a Glance
Available Services
Three services, each focused on a specific accounting function
Practice Accounting
Legal Practice Accounting
Financial record-keeping and reporting adapted to the requirements of law firms. Covers trust management, IOLTA compliance, billing reconciliation, and partner compensation tracking.
Trust Administration
Client Trust Account Administration
Dedicated management of client trust accounts with three-way reconciliation, monthly discrepancy alerts, and reports aligned with bar association requirements.
Partner Distributions
Partner Distribution Calculations
Periodic calculation of partner distributions based on ownership, points, or performance metrics — with supporting schedules and capital account adjustments.
Next Step
Reach out with a few details about your practice
There's no commitment involved. A short conversation helps clarify what your firm actually needs — and whether our services are a reasonable fit for your setup.
Send a MessageGet in Touch
Tell us about your practice
Whether you're managing a solo practice or a firm with multiple partners, the first step is a brief exchange to understand your current setup. Fill in your name and email and we'll follow up within one business day.
Company Information