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Manhattan Location

225 W35th St, 5th FL New York, NY 10001
Phone: (212) 736-0055

Stamford Location

350 Bedford St, Ste 303 Stamford, CT 06902

Phone: (203) 356-1061

Long Island Location

487 Jericho Turnpike, Syosset, NY 11791

Phone: (212) 736-0055

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Law Firm Bookkeeping

Trusted Law Firm Bookkeeping for Accurate Financial Management

At Presti & Naegele, we provide specialized law firm bookkeeping services tailored to meet the unique financial needs of legal practices. Our team’s experience in legal accounting and bookkeeping ensures that your transactions, client funds, and accounts are managed accurately and in compliance with all relevant regulations. We help legal professionals streamline financial operations, enabling you to focus on serving your clients and growing your practice.

What is Bookkeeping in Law?


Bookkeeping in law involves recording every financial transaction, maintaining client trust accounts, and reconciling accounts to keep all records accurate. This process is foundational for all accounting for law firms, supporting everything from tax preparation to financial planning. Legal bookkeeping helps attorneys maintain compliance, stay informed on their financial health, and make sound business decisions.


What Does a Legal Bookkeeper Do?


A legal bookkeeper provides vital support to law firms by:


  • Tracking All Transactions: From client payments to office expenses, bookkeepers maintain detailed financial records.


  • Managing Client Trust Accounts: Ensuring compliance with trust account regulations to safeguard client funds.


  • Reconciling Accounts: Regularly balancing accounts to detect and correct any discrepancies.


  • Generating Financial Reports: Providing insights on cash flow, income, and expenses to help firms understand their financial position.


  • Integrating with Legal Accounting Software: Setting up and managing legal billing and accounting software for streamlined financial processes.

Comprehensive Bookkeeping for Attorneys

Whether you run a solo practice or manage a team, accurate financial records are crucial to your firm’s success. Our bookkeeping for attorneys services include:


  • Detailed Transaction Recording: We record every financial transaction, ensuring your books are always accurate and compliant.


  • Trust Account Oversight: Compliance with client trust fund requirements protects both you and your clients.


  • Expense Tracking and Reporting: Gain insight into income, expenses, and cash flow to support informed decision-making.



  • Software Integration: We support various legal billing and accounting software solutions, making it easy to track billing, payments, and client expenses.

Why is Legal Bookkeeping Important?

Legal bookkeeping plays an essential role in a law firm’s financial operations by:


  • Maintaining Compliance: Ensuring that client trust accounts and financial records meet all regulatory standards.


  • Providing Financial Transparency: Accurate records enable you to track profitability and monitor expenses.


  • Saving Time: By outsourcing your bookkeeping, you can focus on serving clients and growing your practice.



  • Supporting Financial Planning for Attorneys: With clear and organized financial data, attorneys can make informed decisions that drive firm growth and profitability.

Benefits of Specialized Bookkeeping for Law Firms

Our law firm bookkeeping solutions are tailored to the legal field, giving attorneys peace of mind that their accounts are managed precisely and in compliance with industry standards. Here’s how our accounting for law firms services add value to your practice:


  • Compliance and Accuracy: Our legal bookkeeping expertise ensures client funds are properly managed and recorded.


  • Time Savings: We handle the time-consuming tasks of tracking transactions, balancing accounts, and preparing reports.


  • Informed Financial Planning: Detailed financial reports allow you to make data-driven decisions that support long-term growth.



  • Scalable Solutions: From solo practitioners to growing firms, our services scale with your firm’s needs.

Our Law Firm Bookkeeping Process

Our approach to law office accounting includes:



  • Custom Onboarding: We analyze your current financial setup and design a personalized bookkeeping plan.


  • Detailed Financial Management: We oversee every aspect of your firm’s finances, from transactions to trust accounts.


  • Technology Integration: We help your firm adopt and optimize legal billing and accounting software for efficiency.

Why Choose Presti & Naegele for Law Firm Bookkeeping?

At Presti & Naegele, we combine legal expertise with advanced bookkeeping methods to deliver seamless, compliant, and efficient bookkeeping for lawyers. Our services are a trusted choice for law firms looking to ensure financial accuracy, compliance, and strategic growth.


  • Legal-Specific Experience: Our team has extensive experience with law firm accounting, ensuring every transaction is recorded accurately.


  • Up-to-Date Software Solutions: We work with leading legal billing and accounting software to make sure your firm’s finances are tracked efficiently.


  • Compliance-Driven Approach: We stay informed on legal regulations to keep your firm compliant.



  • Scalable Services: Whether you’re managing a small law firm or a growing practice, our services grow with you.

Frequently ASked Questions

  • What is bookkeeping in law?

    Bookkeeping in law is the process of recording, tracking, and managing a law firm’s financial transactions. It involves managing client payments, office expenses, and trust accounts, providing a financial foundation for the firm.

  • Why is legal bookkeeping important?

    Legal bookkeeping ensures accurate records for compliance and provides insight into the firm’s financial health. This helps firms avoid errors, prevent regulatory issues, and make informed financial decisions.

  • What does a legal bookkeeper do?

    A legal bookkeeper records transactions, manages client trust accounts, reconciles accounts, and provides financial reports to support a law firm’s operations and compliance.

  • What legal billing and accounting software do you support?

    We support a variety of legal billing and accounting software solutions, tailored to meet the needs of law firms for easy tracking and reporting of client billing, payments, and expenses.

  • Why should I choose Presti & Naegele for law firm bookkeeping?

    Presti & Naegele provides specialized law firm bookkeeping services that ensure compliance, accuracy, and efficiency. Our legal-focused expertise and experience with accounting software make us a trusted partner for law firm financial management.

Let Presti & Naegele take the burden of bookkeeping off your shoulders. Contact us today to learn more about how our law firm bookkeeping services can help streamline your financial operations and support your firm’s growth.

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Presti & Naegele Accounting Offices

For inquiries or guidance, contact Presti & Naegele Accounting and Advisories. Your success awaits!

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WHAT OUR CLIENTS ARE SAYING

Bryan M.

HAPPY CLIENT

Brian and P&N's professional, personable and prompt team makes accounting and tax matters fun and streamlined. They've been helping me and my staff with personal and business tax filings for more than 5 years. A+

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