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    Expert Accounting for Law Firms

    Running a law firm calls for more than just legal knowledge; it also calls for precise financial management to guarantee profitability and compliance. Developed for our law clients, our specialized accounting services enable you to accurately and effectively handle trust accounting, payroll, tax planning, and financial reporting. Understanding the complexity of client trust accounts, retention, and compliance with industry regulations helps to keep your organization financially sound and ethically secure.

    Our personalized financial management and bookkeeping services enable us to simplify operations, maximize cash flow, and take advantage of strategic tax-saving possibilities. Our professional accountants offer expert opinions to help you limit liability, boost earnings, and scale efficiently whether you are a sole practitioner, a small boutique firm, or a big multi-partner operation. We aim to minimize your financial stress so that you can give first-class legal services to your customers.

    We provide expert support and help you stay ahead in a competitive legal environment with our specialized services – from managing daily account tasks to long-term financial planning. Seek sound accounting solutions from us to support the growth of your legal practice.

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    Tailored Services for Law Firms

    Managing a law firm means juggling client cases, handling financial responsibilities, and staying compliant. AT premium Growth Advisor, we simplify all things financial - so you can focus on winning cases and serving clients. From daily bookkeeping to annual filings, we’ll handle it all.

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    Monthly Services

    • Prepare and review monthly Income Statements and Balance Sheets (Accrual basis) and discuss financials with clients and investors.
    • Generate and analyze syndicators’ monthly reports.
    • Develop performance reports with a rating system to track monthly performance.
    • Reconcile all bank and credit card accounts.
    • Ensure CRM system accuracy by reconciling it with bank and ACH transactions.
    • Transfer CRM data via Excel to recognize income, estimated defaults, syndicators’ liabilities, and other financial details.
    • Close out monthly defaults.
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    Daily Services

    • Enter new deals into the CRM system.
    • Prepare ACH transactions for ISOs.
    • Process wire transfers for merchants.
    • Set up and execute daily/weekly ACH pulls from merchants.
    • Handle daily bounce reports.
    • Record daily transactions in QuickBooks.
    • Perform general bookkeeping tasks, such as payroll processing and bill payments.
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    Annual Services

    • We handle your company’s year-end tax filings and collaborate with your CPA to make sure everything is in order.
    • We prepare your professional financial statements so that it can help with investor pitches, funding applications, and more.
    • We help you meet any and all regulatory compliance.
    • We prepare and distribute 1099s for contractors and W-2s for employees.