Attorneys, Lawyers, Law Firm, Legal Services

Tracking billable hours, handling trust accounts, and chasing down invoices can be overwhelming—especially if you’re relying on spreadsheets or generic accounting tools. MyCase legal accounting software offers a suite of analytics, workflows, and tools that simplify accounting and financial administration. With features like transaction matching and automated legal invoicing, your firm can save on time and admin costs. Specialized accounting software is crucial for law firms as it caters to the unique financial and compliance needs of the legal industry.

Small law firms

LeanLaw’s modular approach allows your firm to construct Bookkeeping for Law Firms a technology ecosystem tailored to your specific practice needs. Rather than forcing adoption of bundled features you don’t require, we integrate with your existing applications to create a cohesive system. This approach provides the flexibility to scale your tech infrastructure as your practice evolves, without the constraint of vendor lock-in or unnecessary functionality costs.

Can a Professional Bookkeeper Help Me Prepare for Tax Season More Efficiently?

These tools support matter level tracking, trust account management, and firm wide financial reporting. Each system is configured to match your firm’s internal controls, approval workflows, and reporting standards. Daily processing helps law firms maintain real time visibility into cash flow and obligations.

Can CosmoLex integrate with my existing software?

Law firms gain clear financial insight without constant follow ups. Automated posting and review steps reduce delays in trust reconciliation and month end closing. Defined checks help identify issues early before they impact compliance. Our team handles daily accounting, trust reviews, and reconciliations using agreed schedules. Regular checks prevent errors from accumulating and keep records reliable.

What is legal practice management software?

• Soluno provides detailed billing options, customizable reports, and trust accounting capabilities to help law firms manage their finances effectively.
• Reports, reconciliations, and transactions are available in real time.
• A trusted law firm trust accounting service ensures deposits, withdrawals, and recordkeeping comply with legal requirements.
• CosmoLex’s end-to-end platform is designed to meet industry regulations, with built-in audit trails and document management features that support compliance.
• Trust accounting obligations, strict regulatory requirements, fluctuating cash flow, and time-based billing all add layers of administrative burden.
• Our law firm trust accounting service supports control, compliance, and long-term stability.

In addition to accounting, your law firm likely needs other software. With CosmoLex, the financials of every client/matter is front-and-center, and intrinsically linked to each case. The integration with Clio Manage, their practice management software, allows you to seamlessly work on various aspects of your law firm. ProLaw comes in a number of packages and editions, some of which include ProLaw’s fully-featured accounting software.

• Each jurisdiction has specific guidelines for managing retainer funds, so make sure your law firm is compliant with state bar trust accounting regulations.
• If you’re looking for a stable role where you can independently lead the accounting function and serve as a trusted partner to firm leadership, we’d love to connect with you.
• Outsourced teams ensure compliance with trust rules and accurate tracking of client funds.
• Our virtual setup avoids location limits and keeps collaboration smooth.
• Many types of law practices can benefit from virtual trust accounting for law firms.
• We work as a trusted extension of your firm while protecting your brand and financial integrity.
• Charts of accounts, reporting formats, and compliance controls are defined at the start.