Do you have experience with IOLTA accounts?

Yes, we have extensive experience managing IOLTA trust accounts with proper three-way reconciliation and compliance procedures.

Can you handle partner accounting?

We manage partner capital accounts, draws, and profit allocations per your partnership agreement.

Law Firm Bookkeeping Services

IOLTA trust accounting, partner distributions, and compliance-ready financials — handled by bookkeepers who understand legal accounting.

Law firms operate under strict financial compliance requirements, especially regarding client trust accounts. Our legal bookkeeping services ensure your firm maintains proper IOLTA records, tracks matter-based revenue and expenses, and stays compliant with bar association requirements.

What does law firm bookkeeping include?

Keeping client money and firm money apart, then showing each partner what they actually took home.

IOLTA / trust — client funds stay in trust until they are earned or returned. The bank, the trust account, and each client's balance have to match every month.
Partner draws vs salary — paycheck vs draw against profit, so year-end is not a fight.
Work you have not billed yet — time and costs sitting on a matter in Clio before the invoice goes out. See it before anyone takes a draw.

Talk to a Law Firm Bookkeeping Specialist

Tell us about your firm and we'll put together a tailored quote — usually within one business day.

Prefer to talk? Call (815) 271-5646

How We Help

IOLTA Compliance

Proper management and reconciliation of client trust accounts with full audit trails.

Matter-Based Tracking

Revenue and expenses tracked by matter for accurate profitability analysis.

Partner Distributions

Clear tracking of partner equity, draws, and profit distributions.

Bar Compliance

Financial records maintained to meet state bar association requirements.

Free: 7 Financial KPIs Every Law Firm Should Track Monthly

A monthly checklist for managing partners who want data-driven decisions. Formulas, benchmarks, and quick diagnostics included.

Download Free Checklist

Frequently Asked Questions

Our Services

Full-service outsourced bookkeeping tailored for law firms.

Outsourced Bookkeeping Services Bank Reconciliation Services Tax Prep Services Catch-Up & Cleanup Bookkeeping Outsourced Payroll Services Accounts Receivable Services & Accounts Payable Management

Related Reading

Law Firm Bookkeeping: The Complete Financial Management Guide (2026)

Complete guide to law firm bookkeeping — IOLTA trust accounting, partner distributions, billing models, KPIs, and when to outsource. Built for managing partners.

Best Software for Law Firm Bookkeeping in 2026: Clio, CosmoLex, and QuickBooks Compared

Compare the 8 best law firm bookkeeping software platforms in 2026 — Clio, CosmoLex, QuickBooks + LeanLaw. Includes IOLTA trust accounting compliance, pricing breakdowns, and specific recommendations by firm size.

IOLTA Trust Account Reconciliation: Step-by-Step Guide for Law Firms

Step-by-step guide to IOLTA trust account reconciliation for law firms. Three-way reconciliation, common violations, and compliance best practices.

7 Financial KPIs Every Law Firm Managing Partner Should Review Monthly

The 7 financial KPIs every law firm managing partner needs to review monthly. Benchmarks, formulas, and red flags for realization rate, collection rate, and more.

Bookkeeping for Law Firms

Get a customized quote for your business. We understand your industry.

Get a Free Quote Call (815) 271-5646