Accounting Firms for Legal Businesses
From IOLTA trust accounts to law firm billing software, legal businesses require more than basic bookkeeping. Find accounting firms who specialize in the legal industry and know how to help your firm stay compliant, grow profitably, and reduce risk. Need to outsource something else? Search for proactivefinancial advisorsandfractional CFOson Sam’s List too. Make sure to check the reviews, it’s one of the most important parts of your vetting process!
Featured Accountants
12 Client Reviews
"How was your experience with Iota Finance? My experience with Iota Finance has been exceptional. They handled both my business and personal taxes, in addition to providing high-quality bookkeeping and advisory support. When I fell behind on submitting my tax documents, they were proactive about filing an extension on my behalf so I wouldn’t miss any deadlines. That level of attention to detail and client care really stood out to me—they made sure everything was handled smoothly, regardless.
I also love that their client portal and pipeline system gives me real-time visibility into the status of each of my projects. Whether it's tax prep or...
I also love that their client portal and pipeline system gives me real-time visibility into the status of each of my projects. Whether it's tax prep or...
2 Client Reviews
"I've had the privilege of working with Jace long before he founded Ursa Consultants. His extensive experience as a fractional CFO, combined with his work with hundreds of startups, equips him with a deep well of knowledge to address each client’s unique needs. What truly sets Ursa apart is their personalized approach. Jace and his team genuinely care, rolling up their sleeves to tackle your challenges head-on. They offer a full spectrum of services, from accounting and tax to strategic financial guidance, ensuring comprehensive support for your business."
2 Client Reviews
"I have found the overall service invaluable to the success of my business. Highly recommend the team at BK60."
Accountants
22 Client Reviews
"Chase was invaluable in providing me with the financial tools and information I needed to make a big decision for my company. It was helpful to see the numbers, but he went beyond that by guiding me through the potential outcomes and responding to all my “what-if” questions."
12 Client Reviews
"How was your experience with Iota Finance? My experience with Iota Finance has been exceptional. They handled both my business and personal taxes, in addition to providing high-quality bookkeeping and advisory support. When I fell behind on submitting my tax documents, they were proactive about filing an extension on my behalf so I wouldn’t miss any deadlines. That level of attention to detail and client care really stood out to me—they made sure everything was handled smoothly, regardless.
I also love that their client portal and pipeline system gives me real-time visibility into the status of each of my projects. Whether it's tax prep or...
I also love that their client portal and pipeline system gives me real-time visibility into the status of each of my projects. Whether it's tax prep or...
4 Client Reviews
"Thorough, knowledgeable, and easy to work with. Steady Co has been a huge value add to us!"
1 Client Reviews
"without a doubt 💯 Worked together for 2-3 years. Great service. Organized. Responsive. Knowledgeable. Always learning and sharing new info!"
Construction is a tough business. It's even tougher when you:
-Pay too much in taxes
-Lack the financial insights needed to make decisions
-Waste valuable time DIY-ing your books and records
We help contractors simplify their finances, maximize their profits, and free up their time.
-Pay too much in taxes
-Lack the financial insights needed to make decisions
-Waste valuable time DIY-ing your books and records
We help contractors simplify their finances, maximize their profits, and free up their time.
Showing 5 of 5 results
What Kind of Accountant Do Law Firms Actually Need?
Most law firms require accountants with experience in IOLTA compliance, trust accounting, and legal billing systems like LeanLaw or Clio. Whether you’re a solo practitioner or a mid-sized firm, look for someone who knows how to navigate ethical requirements, track billable hours, and keep your finances court-ready.
FrequentlyAsked Questions
Do law firms need accountants?
Yes. Legal practices face strict financial regulations around trust accounts, retainers, and billing. Accountants help ensure compliance with state bar rules, manage taxes, track case costs, and free up attorneys to focus on client work.
What is a legal accountant called?
A “legal accountant” typically refers to a professional who specializes in law firm accounting. Some may also be forensic accountants, especially if they provide litigation support or expert testimony.
What is IOLTA accounting and why does it matter?
IOLTA (Interest on Lawyers Trust Accounts) rules govern how law firms handle client funds. Accountants ensure proper segregation, reconciliation, and compliance with bar association standards—avoiding penalties or disbarment.
What accounting software is best for law firms?
Top legal accounting software includes LeanLaw, Clio, and PCLaw. These tools integrate time tracking, billing, and trust accounting—features general-purpose accounting tools often lack.
How much do legal accountants cost?
Fees range widely. Solo attorneys may pay $500–$2,000/month for part-time help, while mid-sized firms might pay more depending on complexity. Trust accounting and tax services tend to increase the cost.
What’s the difference between a CPA and a forensic accountant for law firms?
A CPA handles tax prep, bookkeeping, and general financial reporting. A forensic accountant supports legal cases—helping quantify damages, trace funds, or testify in court. Some law firms hire both for different needs.,
Not sure who’s right for your legal business? Answer a few quick questions, and we’ll introduce you to someone who fits.
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Sam’s List is a directory for exploring accountants, bookkeepers, fractional CFOs, financial advisors, and wealth managers. We do not provide financial, investment, tax, or legal advice, nor do we recommend or endorse any specific professional. Some professionals participate in paid programs for additional visibility or leads. Users should independently verify any professional before engaging their services. Learn more in ourTerms of Service.
