Law Firm Accounting Services for Chicago & the North Shore

Your firm’s financials should support your practice—not complicate it

Every hour an attorney spends on bookkeeping or financial admin is an hour not spent serving clients. We understand the pressures of billable hours, trust account management, and partner compensation—and provide accounting services tailored to the way law practices operate.

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Accounting That Supports the Way You Practice Law

Law firms face unique financial challenges: irregular cash flow, strict trust accounting rules, partner K-1 reporting, and compliance requirements that leave no room for error. With experience supporting solo practitioners and multi-partner firms, we understand these demands and help you stay focused on client work—not bookkeeping.

IOLTA Compliance & Law Practice Financial Management

We provide specialized accounting built for the legal industry, including:



  • IOLTA/trust account reconciliation and compliance
  • Tracking billable vs. non-billable expenses
  • Partner compensation and K-1 preparation support
  • Quarterly estimated tax planning for partners
  • Revenue cycle management for case-based practices
  • Support for multi-partner profit distribution models

We ensure trust funds remain strictly segregated, properly recorded, and fully compliant—helping protect your license and reputation.

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Accounting That Improves Performance and Reduces Risk

Our law firm accounting services help you:



  • Maintain accurate books and financial records
  • Manage irregular cash flow with confidence
  • Budget for salaries, case costs, and firm growth
  • Maximize deductions and implement tax strategies
  • Understand profitability by partner, practice area, or case type
  • Reduce overhead and identify operational efficiencies

We provide the clarity you need to run a more efficient, profitable practice.

Guidance for Firms That Are Expanding or Evolving

Your firm’s financial needs change as you grow. We help you navigate key decisions, such as hiring staff, opening a second location, adjusting partner compensation models, or evaluating investments in technology or marketing.



We’re always available to discuss major financial decisions and provide strategic advice that supports long-term success.

Experience, Professionalism & Clear Communication

Our team has supported numerous Chicago-area law firms and understands the financial systems, workflows, and compliance requirements attorneys rely on. Clients appreciate our responsiveness and our ability to explain financial information in plain language.

Frequently Asked Questions

  • Do you understand IOLTA-specific compliance requirements?

    Yes. Beyond basic trust accounting, we stay up to date on state bar regulations, required reconciliations, and proper handling of retainers and client funds. We help firms avoid common IOLTA compliance mistakes that can lead to audits or ethics issues.

  • Can you work with our existing practice management software?

    Most likely, yes. We frequently integrate data from systems like Clio, MyCase, PracticePanther, and TimeSolv. Clean data flow between billing and accounting helps you see true profitability per attorney or practice area.

  • How do you handle partner compensation structures?

    Law firms often use complex compensation models—draws, guaranteed payments, profit splits, or hybrid systems. We analyze the financial impact of each structure and ensure tax planning aligns with your firm’s goals.

  • Can you help us budget for hiring associates or staff?

    Absolutely. We model expected revenue per billable hour, overhead changes, and utilization rate assumptions so you can evaluate whether a new hire will increase profitability or strain cash flow.

  • What if our books are behind or unreconciled?

    We can step in at any stage. Many firms come to us with incomplete books, messy trust reconciliations, or years of unreviewed financials. We’ll clean everything up and establish a clear reporting system going forward.

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Practice Law—Let Us Handle the Finances

Free up your time, reduce your administrative burden, and strengthen your firm’s financial health.