Legal Billing Software & Time Tracking Software for Professionals
Its offerings include time and expense tracking, billing, invoicing, and trust account features. It supports integrations with other Clio offerings, as well as with third-party providers for firms with more complex needs. According to our 2025 Legal Industry Report, the majority (93%) of respondents reported saving time using accounting software. It also revealed that law firms using trust accounting software save up to 15 hours a month.
- We help regulated industries solve complex challenges, streamline processes, and implement effective technology solutions.
- Our innovative software has built-in legal accounting features, best-in-class payment processing, and case management features.
- For most law firms, professional bookkeeping solutions represent one of the highest-impact decisions for financial health and compliance.
- If there is any error or misunderstanding, please contact us so we can review the relevant article and remove it if necessary.
- By creating customized invoices for each case or client, lawyers can automatically organize all payments and expenses.
Why Most Law Firms & Accounting Practices Lose Clients Online and How the Right Digital Experience Fixes It
Built-in payment management features ensure that any unearned client payments are automatically put in a client trust and that the fees to maintain that account are handled correctly. Solutions like MyCase offer automatic three-way trust and bank reconciliations. These features simplify the trust accounting process and provide greater peace of mind that you comply with state bar requirements. Integrating payments with your accounting software helps reduce operational complexity by automating the reconciliation and record-tracking processes for accounting. Actionstep (formerly Soluno) accounting software is cloud-based and integrates trust, client, and office accounting into a single platform.
#1: Clio Manage – Comprehensive Estate Practice Management
CosmoLex offers built-in trust accounting so you can manage funds securely without needing third-party software like QuickBooks. Managing finances is crucial for any law firm, especially when it comes to ensuring compliance, How Bookkeeping for Law Firms Strengthens Their Finances accuracy, and transparency. Legal bookkeeping involves more than just tracking income and expenses—it requires specialized features like trust accounting, compliance tools, and real-time financial reporting. The best legal bookkeeping softwares for 2024 provide all of this and more, making it easier to manage client funds, streamline operations, and make informed financial decisions. Choosing the right legal bookkeeping software is essential for law firms looking to improve their financial operations, ensure compliance, and enhance overall efficiency. While solutions like QuickBooks, Xero, and Accounting Seed offer excellent general accounting features, LawAccounting is the best legal bookkeeping software for law firms in 2024.
One Flat Rate, No Hourly Fees
- Our expert bookkeeping services are tailored to meet the specific needs of legal professionals, from managing client trust accounts to tracking billable hours and expenses.
- Law firm partnerships in UAE are generally treated as pass-through entities for corporate tax purposes.
- These solutions are designed to support law firms in managing trust accounts, client billing, and ensuring full compliance with industry regulations.
- MyCase legal accounting software offers a suite of analytics, workflows, and tools that simplify accounting and financial administration.
- By consolidating tasks, calendars, email, and billing in one platform, you reduce administrative overhead and improve operations.
With rapid release cycles, thoughtful design, and an incredible user experience, Everlaw enables legal teams to do more than ever before. Explore your entire corpus to pinpoint the truth that can shape your case. Deep Dive navigates your entire data set to surface specific insights with direct citations, giving you total confidence in the facts without the manual search. Get connected with vetted Axiom legal professionals, seamlessly integrated into your team, when and how you need them. In fast-paced, high-stress in-house legal roles, resilience separates lawyers who thrive from those who struggle. Actionable reporting into your cases, clients and opportunities make it easier to run a smarter, more organized firm.
TimeSolv
Let us reduce your overhead so you have the time to do what you do best – practice law. TimeSolv improves accuracy, reduces admin work, and accelerates payments. You’ll avoid disputes, stay compliant, and gain real-time visibility into performance.

