Industries · Attorneys & law firms
Accounting & Tax Services for Attorneys and Law Firms
For legal practices
Financial clarity for your practice
Law firms have financial requirements most businesses never face: client funds held in trust, revenue that arrives in unpredictable bursts on contingency matters and partners who each need to understand their share. Getting it wrong isn’t just a bookkeeping problem — it can become an ethics problem.
We support solo attorneys and small firms with organized books, monthly trust account reconciliation support, partner compensation planning and tax strategy for high-earning owners. You get clean numbers, predictable cash flow and a team that understands how a practice actually runs.
- Operating and trust accounts kept separate and reconciled
- Cash-flow forecasts built around case timelines
- Tax planning for partners and owners
What we cover
Accounting built around how firms work
Trust / IOLTA reconciliation support
Monthly three-way reconciliation of bank, trust ledger and client ledgers.
Partner compensation & distributions
Draws, guaranteed payments and distributions that match your agreement.
PLLC & S corp structure
Entity reviews and S corp elections when the numbers support them.
Cash flow for contingency practices
Forecasts and reserves that bridge the time between settlements.
Payroll
Attorneys, paralegals and staff paid correctly with every filing handled.
Tax planning for high earners
Estimated taxes, retirement contributions and year-end strategy for partners.
FAQ
Questions from attorneys
Can you help with IOLTA and trust account reconciliation?
Yes. We support monthly three-way reconciliation — bank balance, trust ledger and individual client ledgers — so your records stay organized and review-ready. Your firm remains responsible for complying with the State Bar of Georgia’s trust accounting rules.
How should partner compensation and distributions be handled?
We help structure partner draws, guaranteed payments and distributions so they match your partnership agreement and are tax-efficient for each partner.
Should my practice be a PLLC or elect S corp status?
It depends on your profit and the number of owners. Many solo and small firms benefit from an S corp election once income grows — we model the options before you decide.
How do you help contingency-fee practices with cash flow?
We forecast cash flow around case timelines, track advanced case costs and build reserves so operating expenses are covered between settlements.
Can you run payroll for our attorneys and staff?
Yes — attorneys, paralegals and administrative staff, including federal and Georgia filings. See payroll services.
Do you help high-earning partners with personal tax planning?
Yes. We plan estimated taxes, retirement contributions and other strategies to manage the tax impact of a strong year. See tax planning.