Law Firm Bookkeeping Specializes in Your Community
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.
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."
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."
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!"
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
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
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Car Accident Cases
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Medical Malpractice
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Wrongful Death
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Premises Liability
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Slip and Fall Cases
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Dog Bites
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Workplace Accident
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More
No matter what type of lawsuit case you are working on, we can assist you with accounting aspects!
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.
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
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IOLTA/ IOLA/ Trust Account Accounting Setup
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QuickBooks IOLTA Accounting
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Full Trust Accounts reconciliation packages
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Escrow/Trust account management
Personal Injury
Attorney Accounting
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Calculate Lost Future Earnings
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Accounting Reports as Required by the PI Law Firm
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Errors and Omissions Cleanup
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Define Monetary Amounts Associated with Cases
Law Firm Cash Flow & Strategy
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Monitor Revenue and Collection Patterns
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Establish Best Practices for The Financial Reporting
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A/R & A/P Aging Reports
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Budgeting, Forecasting, and Performance Review
Leave The Bookkeeping to Us
and Focus on Providing Top-notch Legal Services!
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
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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.
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Can I cancel Irvine Bookkeeping services anytime?Yes, with 30 days' notice.
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What's the cost of bookkeeping services?Choose the plan that fits you best or we'll customize a proposal for you.
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What is flat-rate pricing?It means no surprise accounting costs, and we aim for efficiency, speed, and strong client relationships.
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Can I change my subscription plan?Yes, we can help you switch to the right plan when your business needs change.
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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.