Monthly three-way reconciliations, client ledgers, account cleanup and preparation of trust records for an audit. Support for solo attorneys and growing law firms.
Our core service is IOLA, escrow and trust accounting for attorneys. We reconcile bank statements against trust records and individual client balances, maintain client ledgers, and document the differences that need follow-up.
Whether you need ongoing monthly support or help rebuilding prior periods, we define the work around your accounts and records. Firm bookkeeping, tax preparation and payroll are available alongside trust accounting.
Monthly three-way reconciliations of bank statements, trust account records and individual client balances. We maintain client ledgers, document outstanding items, and help organize records for review.
Complete bookkeeping designed specifically for law firms — monthly bank and credit card reconciliations, detailed accounts payable and receivable, and customized on-demand financial reporting. Our systems are built to handle the unique billing structures and trust accounting requirements of legal practices.
Comprehensive corporate and business income tax services with proactive year-round planning to maximize deductions and ensure compliance with federal, New York State, and New York City tax requirements. We stay current on every tax law change to identify opportunities for your firm.
Complete payroll administration with accurate federal, state, and city tax calculations, timely direct deposits or checks with detailed pay stubs, and all quarterly and year-end filings. We handle everything from onboarding to annual W-2 and 1099 distribution.
Bring incomplete or unreconciled IOLA and escrow records into a clearer state. We review available bank statements, trust records and client ledgers to identify gaps and prepare a plan for historical cleanup.
Work may include reconstructing individual client balances, matching deposits and disbursements to matters, and documenting unresolved differences for your firm's review.
Law firm transitions require specialized knowledge of the "unfinished business" doctrine and other considerations unique to the legal profession. We guide firms through mergers, acquisitions, partner buyouts, and dissolutions with careful attention to tax consequences, ethical obligations, and financial implications for all parties.
Services include financial due diligence, valuation support, tax structure planning for acquisitions, management of receivables and work-in-progress during transitions, client fund transfers, and final tax returns for dissolving entities.
Every service we provide adheres strictly to Generally Accepted Accounting Principles and the New York Rules of Professional Conduct governing attorney trust accounts. We maintain detailed audit trails and implement internal controls that satisfy both accounting standards and ethics requirements.
Our compliance framework includes monthly three-way reconciliation reports, annual trust account certification preparation, monitoring for RPC 1.15 (safekeeping property), escheatment compliance for unclaimed client funds, and readiness for random Attorney Grievance Committee audits.
All financial records, client ledgers, and supporting documentation are maintained in encrypted cloud storage with redundant backup. You have 24/7 access through secure portals, with customizable reporting dashboards that give you real-time visibility into your firm's financial health.
Infrastructure includes bank-level encryption, multi-factor authentication, regular security audits, automatic daily backups, disaster recovery protocols, and seamless integration with popular legal practice management software.
Beyond bookkeeping and compliance, we provide strategic financial analysis to help you grow your practice profitably. Customized reporting includes KPIs specific to law firms — realization rates, collection rates, billable hours analysis, matter profitability, partner compensation metrics, and cash-flow forecasting.
Whether you're evaluating practice-area profitability, planning for partner distributions, budgeting for expansion, or preparing for retirement, we provide the insights you need to make informed decisions.
Yes. General bookkeepers rarely understand three-way IOLA reconciliations, the "unfinished business" doctrine, escheatment rules for unclaimed client funds, or the specific record-keeping requirements under New York Rules of Professional Conduct 1.15. Mistakes in these areas don't just show up as accounting errors — they become Attorney Grievance Committee matters. We work exclusively with attorneys precisely so the rules that govern your practice are the starting point, not an afterthought.
A three-way reconciliation confirms that three numbers always match: your bank statement balance, your trust account ledger balance, and the sum of your individual client ledger balances. If any one is off, client funds are at risk — and an audit will find it. We perform these monthly, document every variance, and keep the supporting evidence audit-ready.
We maintain your trust records so that audit readiness is the default, not a project. That means: detailed individual client ledgers for every IOLA matter, monthly three-way reconciliations with documented variances, clear fund segregation, escheatment compliance for dormant funds, and supporting documentation for every deposit and disbursement. When an audit is announced, we pull the documentation — the books are already in order.
Either. Some firms engage us as their full accounting department; others keep their existing bookkeeper for day-to-day entry and bring us in for trust account compliance, monthly reconciliations, and tax work. We'll recommend what fits your firm's size and complexity in the consultation.
Yes. We start with available bank statements, trust transaction records and client or matter details. We review gaps, agree on the scope of cleanup, and document reconstructed balances and any unresolved items.
Yes. We handle multi-state tax compliance for firms with attorneys or offices licensed outside New York, including apportionment for state tax filings and coordinating trust accounts that cross state lines. Each jurisdiction has its own rules; we map them to your fact pattern.
Most of our clients spend under an hour a month on accounting. We onboard by setting up secure cloud access to your bank accounts, payment systems, and existing books, then take over the monthly workflow. You see statements, reconciliations, and reports on your own schedule through a secure portal, and we reach out proactively when we spot something that needs your attention.
Most engagements are fixed monthly retainers based on scope — number of trust matters, transaction volume, complexity of entity structure, and whether tax work is included. Larger or more complex engagements use a tiered structure. We quote in the initial consultation after understanding your firm's specifics; there are no hourly surprises.
Let our team of legal accounting specialists handle your financial management so you can focus on what you do best — practicing law and serving your clients.
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