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These reports are prepared, reviewed, and delivered consistently - without the surprises, omissions, or outdated figures that plague DIY approaches.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

Ready to Bring Structure to

Your Firm's Financial Systems?

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