Law Firms
Law Firms
A documented trust reconciliation every month, books that stay clean, and profitability you can read by practice area.
A documented trust reconciliation every month, books that stay clean, and profitability you can read by practice area.
“Our trust reconciliation is done by whoever has time, and nobody’s fully confident in it.”
“We bought practice management software and it still isn’t talking to our books.”
“We bill a lot of hours. I can’t tell you which practice areas or which clients actually make money.”
“Time gets worked, then it takes three weeks to get billed, then sixty days to get paid.”
Three-way reconciliation performed monthly on a documented schedule, tying the bank statement, the trust ledger, and individual client balances together. Your firm stays responsible for its bar obligations; our job is that the reconciliation is done, on time, and defensible.
Getting the case management system and the accounting system to work as one: document intake and filing, expense and invoice entry, and automated client trust balance reporting, so partners stop reconciling by memory.
Realization and effective rate by practice area, by matter type, and by timekeeper. Which work to take more of, and which to stop taking.
Operating books closed monthly, kept cleanly separate from trust, with reporting built for how a firm makes decisions about compensation, hiring, and case selection.
Done monthly, on a documented schedule, kept cleanly separate from your operating books. Let us show you what that looks like.