Summer Peaks

OUTSOURCED ACCOUNTING · NATIONWIDE REMOTE SERVICE

Accounting Support for Law Firms

A law firm's financial system has to support both a healthy operating business and disciplined handling of sensitive client-related financial workflows.

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WHERE THE FINANCIAL SYSTEM BREAKS DOWN

Six problems we would look for first.

Billing and collections are inconsistent

Create a reliable cycle from time/case activity to invoice, follow-up, cash application and AR review.

Operating cash is hard to predict

Connect expected collections with payroll, case costs, vendors, debt and owner distributions.

Case costs lack visibility

Track reimbursable or direct case-related costs consistently enough to understand exposure and billing status.

Month-end is too manual

Standardize reconciliations, close tasks and financial review so reports arrive while they are useful.

Trust-account workflows require discipline

Keep operating accounting separate from trust-account procedures and align the workflow with applicable jurisdictional requirements.

Practice economics are unclear

Where data supports it, review profitability by practice area, matter type or attorney capacity without forcing artificial precision.

OWNER VIEW

What should become easier to see?

  • Operating cash
  • AR aging and collection pipeline
  • Payroll and major case costs
  • Matter/practice economics where reliable
  • Debt and fixed commitments
  • Trust-account reconciliation status under applicable rules

WHAT THE WORK CAN INCLUDE

Flexible scope, practical outputs.

  • Monthly bookkeeping and reconciliations
  • Catch-up and cleanup
  • Accounts receivable and payable workflows
  • Financial statements and owner reporting
  • Cash-flow visibility and forecasting
  • Accounting process improvement and automation

FREE ACCOUNTING SYSTEMS REVIEW

Find the financial bottleneck worth fixing first.

A focused 30-minute conversation. No obligation and no requirement to buy a large package.

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