Legal Bookkeeping & Trust Accounting

Managing Client Funds with Precision

Lawyers cannot afford mistakes in their books. We provide specialized legal bookkeeping to ensure your Trust Account is perfectly reconciled and compliant with the Uniform Law, while also tracking billable hours and disbursements effectively.

External Examinations: Preparing files for your annual Law Society audit so you pass with flying colors.
Disbursements: Tracking recoverable costs (filing fees, search fees) so they are billed to the client.
Software: Deep experience with LEAP, Actionstep, and Smokeball integrations.
WIP Tracking: Monitoring Work In Progress vs Invoiced amounts to improve cash flow.

Common Law Firm Accounting Issues

Trust Deficiencies

Overdrawing a ledger is a critical breach. We perform daily reconciliations to prevent this.

Unbilled Disbursements

Firms lose thousands by paying for searches/couriers and forgetting to bill the client. We automate this capture.

LEAP Sync Errors

If LEAP and Xero/MYOB don't match, your BAS will be wrong. We monitor the integration daily.

Employee vs Partner

Structuring payments to equity partners versus salaried lawyers requires specific payroll handling.

Frequently Asked Questions

Do you understand LEAP?

Yes, we are LEAP experts. We understand how to map the GL codes correctly to Xero.

Can you handle the Statutory Deposit?

Yes, we calculate and manage the statutory deposit requirements for the Law Society.

Ensure your firm is compliant

Speak to an Expert