❖ Recording Transactions: We help in recording all financial transactions related to your law firm’s operations. This includes:

1. Revenue: Record billable hours worked by your attorneys and staff and any fees earned from legal services provided.
2. Expenses: Record all expenses incurred by your firm, such as rent, utilities, salaries, office supplies, and professional dues.

❖ Billing and Invoicing: Invoicing to clients for services rendered, including hourly rates, flat fees, and expenses. We help you track billable hours, prepare invoices, and reconcile payments received to ensure accurate accounting for client transactions.

❖Expense Tracking: We track your various expenses related to office supplies, software, marketing, and professional development. We ensure that expenses are properly recorded and categorized, which helps the firm monitor its financial performance and make informed decisions.

❖ Managing Client Trust Funds: Law firms often hold funds in trust for clients, such as retainers or settlement funds. Handle client trust funds in accordance with legal and ethical guidelines. You will get help keeping accurate records of all client funds held in trust, including deposits, disbursements, and interest earned.

❖ Reconciling Bank and Trust Accounts: You will get regularly reconcile bank and client trust accounts to ensure that recorded transactions match bank statements. This helps identify discrepancies and prevent errors or fraud.

❖ Financial Reporting: You will get tax-ready financial statements, such as profit and loss statements, balance sheets, and cash flow statements.