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
Close time cut from 20 days to 10
Entertainment media company, 50–200 person team
Their controller is consistently and readily available for chats and meetings whenever we need their help. We definitely want to continue using them because of their availability and expertise.
Recovered $200K in overdue AR
PropTech SaaS company, 11–50 person team
Their controller took it upon himself to work on our outdated AR and brought in a couple hundred thousand AR dollars for us that seemed unrecoverable. Our reporting to board members and shareholders has also improved significantly.
12 hrs exec time saved / month
Fractional HR consultancy, founder-led
Extremely friendly to tight budgets. Their monthly calls to go over the books help immensely and save me money. With reconciled accounts and their timely updates, I have a clear picture of my revenue, expenses, and cash flow.
Custom chart of accounts built
Botanical gift box e-commerce brand, solo founder
They came in and helped me with exactly what I needed: setting up QuickBooks, detailed bookkeeping, building custom categories specific to my business so I know where I’m spending to improve cash flow, and monthly calls to review transactions.
Audit-ready & tax-smart
Specialty music instrument retailer, founder-led
They helped us with compliance and tax planning, streamlining our financial management system and accounting processes. They’re dedicated to our success and really understand our needs.
14 months cleaned & reconciled
Digital marketing and web agency, founder-led
Hiring CoCountant in 2024 was the best decision I’ve made in a long time. Each month they do a great job of managing our books and reporting.
Strong ROI, more strategic intel
Business consulting and innovation firm
The value-to-cost ratio is amazing. I save so much time using CoCountant’s bookkeeping services, and I get more strategic intelligence on our financial situation than I could create on my own. Wonderful service for busy entrepreneurs.
Systems streamlined, ops simplified
Health-tech startup, precision medicine platform
CoCountant team is very thorough with their review of my transactions, and their bookkeeping service helps keep my books updated to provide a clear financial picture.
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.
