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Accounts Receivable Solutions for Law Firms

PERSONAL INJURY LAW FIRM BOOKKEEPING

Bookkeeping and Accounting Services for Personal Injury Lawyers

Get the best outcome for your personal injury case, and leave the accounting worries to us!

Law Firm Bookkeeping Specializes in Your Community

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Looking for Bookkeeping Experts for Your Personal Injury Law Firm?

We specialize in a comprehensive suite of bookkeeping services tailored for personal injury law firms, including:

Determine the amount of damage caused by the injury.

Define the monetary amounts associated with your client's personal injury cases.

Calculate the past and future earnings loss amounts for your clients.

Better manage your trust account or IOLTA account.

Stop missing thousands of billable hours with clients.

Accurately record lawsuit estimation in accounting.

personal injury lawyer bookkeeping service
personal injury lawyer accounting - personal injury law firm bookkeeping - iolta trust account

What Our Client Say

"We are on pace to hit 7 figures this year, and I am able to obtain financial reports promptly every Monday for all YTD revenue and costs."

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Tyler Q. Dahl

Attorney/Founder · Dahl Law Group

"They moved mountains to work through a customer’s complicated accounts payable system to ensure that our bills were submitted correctly and we would get paid. We cannot thank Tammy and her team enough for their tireless efforts."

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J. Anthony King

Founding Partner · Umhofer, Mitchell & King LLP 

"Having everything organized, concise, and correct has allowed for smooth business transactions. It's such a reduction in stress!"

Happy Man

Bradley M.

Owner

Stop Facing Accounting Challenges from Today!

No More Errors on Law Firm IOLTA Accounts

Managing clients' funds, such as settlements, retainers, and escrow funds, IOLTA trust account can be stressful without clear separation. Our personal injury lawyer bookkeeping service ensures distinct funds, maintaining error-free charts of accounts. Trust us to keep your firm's finances organized and accurate.

No More Stress with Advanced Client Cost Management

At Irvine Bookkeeping, we proficiently oversee advanced client costs for personal injury law firms, guaranteeing precise tracking and recoverability of these expenses. We record these costs as billable to clients, keeping them in a specific asset account for clear tracking and reimbursement. This system guarantees that the asset account's balance matches the accounts receivable plus unbilled costs. With our services, law firms can focus on their legal work, confident that their financial management is in professional hands.

Maximize Efficiency with Professional Three-Way Reconciliation

Irvine Bookkeeping offers expert three-way reconciliation services tailored for personal injury lawyers, ensuring meticulous accuracy in trust account management. Our service enhances financial compliance, reduces administrative burdens, and strengthens client trust by ensuring all client funds are accurately tracked against bank statements and client ledgers. By handling these complex financial tasks, we allow law firms to focus more on their clients and legal work, confident in the integrity of their financial operations.

The Three-Way Reconciliation Sample Report for The State Bar of California

Monthly Trust Reconciliation Template - Irvine Bookeeping

Three-way reconciliation, a process of cross-verifying is crucial for the State Bar of California to ensure financial accuracy, compliance, and transparency in managing client funds.

By using this template report lawyer can:

Precise Reconciliation Process Overview

Accurate Trust Account Journal Balance

Compliance Individual Ledger Balances

Transparent Adjusted Bank Statement Balance

PI Law Firm Accounting Services Are Flexible; Even Your Lawyers Serve in Many Cases

  • Car Accident Cases

  • Medical Malpractice

  • Wrongful Death

  • Premises Liability

  • Slip and Fall Cases

  • Dog Bites

  • Workplace Accident

  • More

No matter what type of lawsuit case you are working on, we can assist you with accounting aspects!

an Accounting Expert in Personal Injury Cases
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an Accounting Expert in Personal Injury Cases

Getting Started Is Easy!

1. Discuss Your Issues

Let's get 30 minutes FREE CALL to discuss the pain points that your law firm is experiencing. Our bookkeeping for law firm will offer advice, assistance, and solutions on all matters related to accounting for lawyers and legal professionals.

2. Diagnostic

We'll suggest ways to improve your processes, software, and systems based on our assessment. If you accept our proposal, we'll start!

3. Find Your Good Fit

After considering all the factors that affect business growth, tax planning attorney, and efficient accounting. Your law firm accounting problems will be solved by a good-fit expert team with the best solution to fit your unique needs.

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Integrate Your Favorite Tools and Work Your Way

Our experienced team excels in diverse legal accounting software, ensuring proficient bookkeeping for lawyers.

Accounting Services for
Personal Injury Law Firm

IOLTA & Trust Accounting

  • IOLTA/ IOLA/ Trust Account Accounting Setup

  • QuickBooks IOLTA Accounting

  • Full Trust Accounts reconciliation packages

  • Escrow/Trust account management

Personal Injury
Attorney Accounting

  • Calculate Lost Future Earnings

  • Accounting Reports as Required by the PI Law Firm

  • Errors and Omissions Cleanup

  • Define Monetary Amounts Associated with Cases

Law Firm Cash Flow & Strategy

  • Monitor Revenue and Collection Patterns

  • Establish Best Practices for The Financial Reporting

  • A/R & A/P Aging Reports 

  • Budgeting, Forecasting, and Performance Review

Leave The Bookkeeping to Us
and Focus on Providing Top-notch Legal Services!

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Leave the legal accounting and bookkeeping to us, regardless of whether a personal injury lawyer California. Our expertise in California allows us to handle cash flow, tax preparation, law firm billing, trust account for attorneys, and payroll processing with ease.

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Our service offers accounting, tax planning attorney, and bookkeeping for law firm. Our bookkeepers maintain your QuickBooks Clio, or Lean law software to your accounting records up to date and in compliance with their State Bar’s accounting requirements.

The certified accountants at Irvine Bookkeeping will look after your legal account, books of records and tax matters, keeping everything in order. Our bookkeeper for law firm job is to make your life easy, through email, fax, mail, or automatically downloading the information from your bank institutions. We will review and reconcile to make sure we capture all the ordinary and necessary expenses with accounting software for lawyers.

Boost Efficiency and Reduce Costs
Empower Law Firm Financially

Your job involves winning personal lawsuits, not recording or accounting numbers.

Enhanced Efficiency

PI lawyers don't spend time to understand every detail of the present value calculation, we support accurate and quality accounting reports, and trust account for your lawsuits.

24/7 Support

Lawyer time is precious. You don't have to wait, we wait for your call to support the accounting issues of the personal injury attorney firm.

Detailed Report

Detailed reports of all invoices processed by our bookkeeper are provided every month, along with the status of your invoices and reconciliations.

Latest Technology

We use the high-end, latest software for law firm accounting and bookkeeping for law firm ensures accurate and current financial statements.

Reduction Costs 

Hiring our expert who has in-depth accounting knowledge of the PI law firm saves a good amount of cost for doing bookkeeping, making financial reports, etc.

Cancel Any Time

We never lock your personal injury law firm in, even if you prepay annually. We also make it easy to get your data out of Irvine Bookkeeping.

Frequently Asked Questions

  • How can I choose the right pricing plan?
    Check our pricing options (Basic/ Full/ Premium) or we can help you choose during our first meeting.
  • Can I cancel Irvine Bookkeeping services anytime?
    Yes, with 30 days' notice.
  • What's the cost of bookkeeping services?
    Choose the plan that fits you best or we'll customize a proposal for you.
  • What is flat-rate pricing?
    It means no surprise accounting costs, and we aim for efficiency, speed, and strong client relationships.
  • Can I change my subscription plan?
    Yes, we can help you switch to the right plan when your business needs change.
  • What's your pricing structure? Are there custom options?
    Our pricing is based on the scope and scale of your operations. We offer standard packages, but we're flexible and can tailor our services and pricing to meet specific needs.

Still have more questions? Contact us at support@irvinebookkeeping.com so we can help.

Get 30 Mins Free Consultation for Personal Injury Attorneys Firms

Let Irvine Bookkeeping help you grow and maintain a profitable and fully compliant legal office.