Our Law Firm Bookkeeping System

A Proven System Built for Attorneys, Not Just Businesses

Bookkeeping for law firms isn't an afterthought. It's a critical operational function that protects your license, streamlines your trust account compliance, and strengthens the financial core of your practice.

At Accounting Atelier, we've developed a specialized bookkeeping system designed exclusively for law firms. Here's how we bring structure, clarity, and compliance to every client relationship.

Step 1: Initial Assessment & Review

Before any cleanup, reconciliation, or reporting begins, we start with a complete review of your current bookkeeping and trust accounting environment.

  • Analyze your operating and trust accounts

  • Identify missing or out-of-balance client ledgers

  • Review previous reconciliations (if any)

  • Pinpoint compliance gaps tied to bar association rules

This foundation ensures that every next step is aligned with legal standards, not just "business as usual" bookkeeping.


Step 2: Cleanup and Corrections (If Needed)

Many firms come to us needing trust accounting correction or historical cleanup.

If cleanup is required, we:

  • Reconcile past months of trust accounts (IOLTA or individual accounts)

  • Rebuild missing client ledgers or transaction histories

  • Correct miscategorized transactions across trust and operating accounts

  • Establish baseline balances for accurate forward tracking

Your trust accounts must be brought current and compliant before we transition to monthly maintenance.


Step 3: Monthly Reconciliation & Ledger Management

Every month, we deliver:

  • Three-way reconciliations (trust ledger vs. bank statement vs. client ledgers)

  • Matter-level trust tracking

  • Retainer management, earned fee transfers, and disbursement logs

  • Internal compliance checks aligned with jurisdiction-specific rules

This process ensures that your client funds remain protected - and your firm's financials stay audit-ready.


Step 4: Monthly Financial Reporting

Reliable reporting supports better decisions—and stronger compliance.

Each month, your firm receives:

  • Profit & Loss (P&L) statement

  • Balance Sheet

  • Trust Account Summary Report

  • Client Ledger Summaries (if requested)

These reports are prepared, reviewed, and delivered consistently - without the surprises, omissions, or outdated figures that plague DIY approaches.


Step 5: Ongoing Oversight & Compliance Monitoring

Bookkeeping is not a "set it and forget it" service.

We maintain:

  • Active monitoring of trust account activity

  • Monthly compliance verifications

  • Best-practice recommendations if your financial systems or processes shift

  • Communication aligned with your firm's operations, deadlines, and audit risk profile

Our system is designed to protect your firm today - and scale with your growth tomorrow.

Why Our System Works for Law Firms

Most bookkeepers treat your firm like a generic small business. We don't.

Accounting Atelier brings structure, precision, and legal-specific oversight to every client relationship. Our process isn't an extra feature - it's the foundation of everything we deliver.

  • Trusted by law firms

  • Specialists in IOLTA and trust compliance

  • High-level support, proactive communication, and done-for-you systems

Your books shouldn't be a liability. They should be an asset - supporting your firm's reputation, your compliance status, and your future growth.

Law Firm Bookkeeping Process

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Your Firm's Financial Systems?

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Your practice deserves bookkeeping that meets the standards of the legal profession - not just the business world.