Bookkeeping That Helps Your Law Firm Scale
Lawyers bookkeeping services carries a compliance requirement most businesses don't face: IOLTA trust accounts have to reconcile three ways, every time.
Profitjets provides bookkeeping services built for law firms, covering trust accounting, matter-level cost tracking, and retainer reconciliation against client trust balances.
Our lawyers accounting services show real profitability by matter type, helping firms price cases more accurately. We keep law firm bookkeeping audit-ready, so trust account reviews stop being the most stressful part of the year.
+ many more
three-way reconciled
tracked every month
Bookkeeping Built for the Way Law Firms Operate
Trust accounting, retainers, and matter profitability handled to the standard your bar requires.
IOLTA & trust accounting
Client trust funds kept segregated, accurate, and compliant with bar rules.
Three-way reconciliation
Trust ledger, client ledgers, and bank reconciled every month.
Retainer & advance tracking
Retainers held correctly and drawn down as work is billed.
Matter-level accounting
Income and costs tracked per matter so you see true profitability.
Billable hours & WIP
Time, work in progress, and unbilled fees tracked and reconciled.
Cost advances & disbursements
Client cost advances tracked and recovered without leakage.
Protect your Law Firm with Better Tax Compliance
We keep your books organized, trust accounts reconciled, and financial records tax-ready to help your firm meet IRS requirements and professional compliance standards.
The Right Bookkeeping Changes Everything
When your law firm bookkeeping is accurate and up to date, you gain better cash flow visibility, stronger compliance, and reliable financial reporting. With clear financial insights, you can make smarter decisions, improve profitability, and focus on growing your legal practice.
Before Profitjets
- Trust account reconciled late or not three-way matched
- Retainers recognized before the work is earned
- No clear view of which matters or partners are profitable
- Compliance risk hanging over every bar audit
With Profitjets
- IOLTA three-way reconciled and audit-ready every month
- Retainers drawn down correctly as fees are billed
- Profitability tracked per matter and per partner
- Clean, compliant records ready for any bar review
What Lawyers Say About Profitjets
Three-Way Reconciliation That Actually Passed Review
“Our IOLTA trust account reconciliation was always the part of our audit we dreaded most, and we'd had findings two years running. Profitjets bookkeeping services set up proper three-way reconciliation, and our last review had zero trust account issues. It's genuinely taken the anxiety out of audit season.”
Matter-Level Accounting That Showed Real Profitability
“We had no idea which types of matters were actually profitable once we accounted for the hours actually billed against them. Profitjets' accounting services built matter-level tracking, and it changed how we price certain case types now. We're being more selective about which matters we take on as a result.”
Retainers Finally Tracked Correctly Against Trust
“Client retainers and our trust account balances never quite matched, and we could never pinpoint why. Profitjets' bookkeeping services fixed the tracking between the two, and reconciliation stopped being a monthly headache. Our bookkeeper actually looks forward to month-end now.”
Bookkeeping Services for Every Type of Law Firm
Whether you're a solo attorney or a multi-partner practice, our bookkeeping services are tailored to the financial and compliance needs of law firms at every stage of growth.
Solo & Small Law Firms
Stay compliant with trust accounting, manage client retainers, and keep your books organized without hiring an in-house finance team.
Litigation Law Firms
Monitor cost advances, litigation expenses, disbursements, and client reimbursements with bookkeeping that protects your margins.
Multi-Partner Law Firms
Track matter profitability, partner distributions, and firm-wide financial performance with accurate reporting and tax-ready records.
Multi-Practice Law Firms
Measure revenue, expenses, and profitability by practice group with financial reporting that supports smarter business decisions.
Questions, answered
Yes. We track client trust funds, retainers, and IOLTA account activity separately from your firm's operating funds, keeping records accurate and compliant. That separation is what protects your firm during a bar association audit.
We track billable hours, flat fees, contingency arrangements, and client invoices accurately, so your revenue reporting reflects what's actually been earned and collected. That keeps your realization and collection rates visible, not just your billed hours.
Yes. We organize revenue and expenses by practice area, matter, or attorney, giving you a clear view of which areas of the firm are actually most profitable. That visibility helps you decide where to invest in staffing or marketing next.
We record partner draws, profit distributions, and compensation structures accurately, keeping your books organized and tax-ready as your partnership evolves. That means fewer year-end surprises when it's time to true up partner accounts.
Yes. As your firm grows, adds partners, or expands into new practice areas, we keep your financial records accurate and reporting consistent. That means growth never outpaces your visibility into firm-wide performance.
Services for this industry
Common in Professional Services, Real Estate and Non-profits.
Keep Your Trust Accounts Clean and Compliant
Book a free consultation and we'll map out exactly how we'd handle your law firm bookkeeping, trust accounting, and tax.