Bookkeeping
We manage your books meticulously, ensuring financial accuracy with zero effort from you.
BOOKKEEPING FOR LAW FIRMS
Prepare cases, leave financial statements to us
Balancing client demands and court deadlines is difficult enough—let CoCountant handle your law firm bookkeeping.
Talk to an expert
Optimized client billing
What we’ve observed
- Flat fees, hourly rates, and contingency-based billing models can make accounting complex.
- Errors in billing can damage client relations and have ethical implications.
What we do
- Streamline your billing process. Our custom financial management solutions for law firms automate billing according to different fee structures, ensuring precision and compliance.
Enhanced cash flow management
What we’ve observed
- Irregular payment schedules from clients can disrupt cash flow.
- Many legal firms struggle with correctly allocating funds into IOLTA (Interest on Lawyers Trust Accounts).
What we do
- Automate and manage your cash flows to meet operational needs and compliance. Our system is designed to handle IOLTA complexities efficiently.
Automate expense allocation
What we’ve observed
- Identifying chargeable vs. non-chargeable expenses is often a manual and error-prone task.
- Allocating shared costs to multiple clients is challenging.
What we do
- Simplify expense allocation with tailored solutions. We create processes that distinguish between chargeable and non-chargeable expenses and allocate shared costs accurately.
Statutory compliance and reporting
What we’ve observed
- Legal firms are subject to various compliance requirements, including taxes and professional ethics codes.
- Non-compliance risks range from penalties to license revocation.
What we do
- Ensure you’re always audit-ready. We manage all statutory compliance and reporting, allowing you to focus on law practice without any financial worries.
How CoCountant helps your business
We offer a range of specialized services that complement our bookkeeping services for law firms.
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CoCountant uses the best financial systems
Why our clients count on us
Oscar J. Muro
“We’re a 17-year-old marketing agency and have managed our books internally. Hiring CoCountant in 2024 was the best decision I've made in a long time. Our Quickbooks account needed a lot of cleanup which they did as a 1st step while providing sound accounting recommendations. Each month they do a great job of managing our books and reporting. As they get familiar with our business, they’re handling my time-consuming tasks like payroll. I would highly recommend CoCountant.”
Colleen Rupp
“I've recently stepped into a new role as the COO within the company and have started working more closely with two of CoCountant's bookkeepers, both of whom have been a great addition to our team. We are a small company, so we are small and mighty, and having a contractor do our accounting for us has been a great option. They've been a huge help with getting contractor payments in and payroll, and have been readily available and willing to help with whatever we need. We definitely want to continue using them moving forward because of that availability and because of their knowledge.”
Ravi Bajracharya
“CoCountant team is very thorough with their review of my transactions, and their comprehensive services help keep my books updated to provide a clear financial picture. I also find the CoCountant team provides a great platform for communication and is always very responsive when I need them. They have also gone above and beyond to accommodate specific requests, which is very much appreciated. Thank you CoCountant team, great to have your support and expertise.”
Edwin Goutier
“The value-to-cost ratio is amazing. I save so much time using CoCountant's services, and I get more strategic intelligence on our financial situation than I could create on my own. Wonderful service for busy entrepreneurs.”
Waynewright Malcom
“This is my first experience with CoCountant and I can say that the service has far exceeded my expectations. The resource assigned to the Controller position has been knowledgable, technically skilled, dedicated and a great team player. In addition, CoCountant's customer success and support processes ensure that all my expectations are met or exceeded. Without reservation, I highly recommend CoCountant for any of your financial outsourcing needs.”
Mark Arthur
I am the CEO and founder of Coast to Coast HR, servicing all of North America. We have been working with CoCountant for several months now, and after some hiccups with other organisations, I settled on CoCountant because they have done a fantastic job. They’re very service-focused and great to work with! They're also extremely friendly to small businesses and our tight budgets. The monthly calls we get to go over the books help me immensely. It has saved me money, and I cannot recommend them more.
Join hundreds of law firms who trust CoCountant for their bookkeeping
See the CoCountant difference in your operations with our law firm bookkeeping solutions! Before you hand over your law firm accounting to us, get started with controller-led plans from just $160 — tailored to streamline your operations, improve financial oversight, and strengthen your bottom line.
