Firm Balance Bookkeeping Service Options
★ = Your strategic edge starts today. Built for law firms that lead, not follow. Everything your last bookkeeper missed—and what your firm and well-being need next.
Features
Establish
$800/month
Ideal for new or solo firms looking to establish clean books, track expenses, and avoid costly errors.
Expand
$1,500/month (Best value!)
Ideal for new or solo firms looking to establish clean books, track expenses, and avoid costly errors.
Excel
$3,350/month
Sign-up before 09/01/2025 and get 6 months for only $2,500/month –
saving you $5,000!
(limited to the first 10 firms)
Ideal for new or solo firms looking to establish clean books, track expenses, and avoid costly errors.
Transaction Recording & Bank Reconciliation
- Bi-weekly transaction reconciliation ★
- Monthly account reconciliation
- Ensures accuracy of records Establish compliance
- Weekly transaction reconciliation
- Monthly account reconciliation
- Reduced risk and errors ★
- Weekly transaction reconciliation
- Monthly account reconciliation
- Comprehensive review and validation ★
Dedicated Law Firm Bookkeeper ★
- Dedicated law firm specialist ★
- Email communication
- Dedicated law firm specialist ★
- Fast response via email and/or phone
- Strategic financial oversight ★
- Weekly transaction reconciliation
- Monthly account reconciliation
- Comprehensive review and validation ★
Financial Reports
- Monthly Balance Sheet
- Monthly Profit & Loss Report
- Financial clarity
- Monthly Balance Sheet
- Monthly Profit & Loss Report
- Monthly Cash Flow
- Actionable financial insights ★
- Monthly Balance Sheet
- Monthly Profit & Loss Report
- Monthly Cash Flow
- Monthly Budget vs. Actual
- Monthly Percentage of Revenue Reports
- Monthly in-depth financial analytics ★
- Tailored insights for strategic planning ★
Compliance-focused Record Keeping ★
- Meets general compliance standards
- Compliance tailored for law-firms ★
- Proactive management of compliance risks ★
- Customized proactive compliance alerts ★
- Continuous compliance optimization ★
Annual Audit-ready Summaries
- Standard audit readiness
- Year-end convenience
- Audit-ready throughout the year ★
- Audit trail preparation for reduced audit stress
- Monthly audit readiness ★
- Highly detailed audit preparation ★
Financial Dashboard Access ★
- Convenient online platform
- Realtime financial data access ★
- Enhanced visibility and control
- Convenient online platform
- Advanced real-time dashboard ★
- Customized data visualization ★
- Maximum transparency and control
Consultation Meeting ★
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- Expert monthly consultation ★
- Personalized financial strategy
- Improved decision-making
- Bi-monthly consultation calls ★
- Ongoing strategic financial support ★
- High-level advisory service
Dedicated Priority Support Line ★
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- Detailed trust account handling ★
- Compliance with IOLTA standards ★
- Comprehensive IOLTA management ★
- Advanced compliance oversight ★
- Continuous reconciliation
Dedicated Priority Support Line ★
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- Quick response to most inquiries ★
- Priority service for urgent matters ★
- Personalized client care
Custom KPI Reports ★
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- Metrics tailored to your firm ★
- Strategic insights for growth ★
- Clear actionable data
Budgeting & Forecasting Support ★
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- Detailed budgeting & forecasting ★
- Strategic financial planning ★
- Enhanced decision-making support
Profitability Analysis by Attorney/Case/Location*★
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- Location or attorney-level analysis ★
- Insight into case profitability (available if your LPM supports it)★
- Optimized financial performance
Proactive Compliance Alerts ★
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- Immediate compliance issue notifications ★
- Proactive regulatory updates ★
Needs Matching Meeting
- Initial discussion and overview
- Basic needs assessment
- Standard industry offering
- Comprehensive discussion meeting
- In-depth needs assessment ★
- Strategic onboarding ★
- Two extended consultation sessions ★
- Deep strategic planning ★
- Full onboarding support ★
Why Choose Firm Balance?
- Specialized Law Firm Expertise: Our bookkeepers understand unique legal accounting needs ★
- No Conflict of Interest: Dedicated exclusively to bookkeeping, ensuring unbiased financial data ★
- Reliable Compliance Assurance: Precise compliance tailored specifically for law firms, offering peace of mind ★
Firm Balance delivers financial clarity and security, allowing law firm owners to focus confidently on clients and personal fulfillment.
Firm Balance Bookkeeping Service Options Explained Simply
Transaction Recording & Bank Reconciliation
- What it means: We keep track of all money coming in and going out, matching it with your bank statements
- Why it matters to you: Ensures accuracy, prevents mistakes, and meets basic compliance rules
- Firm Balance Advantage: Frequent checks to reduce errors and provide peace of mind ★
Dedicated Law Firm Bookkeeper ★
- What it means: You get a dedicated expert specifically trained in bookkeeping for law firms
- Why it matters to you: Someone who understands the unique aspects of your business, always available to answer your questions
- Firm Balance Advantage: Specialized attention with proactive, responsive service ★
Financial Reports
- What it means: Clear summaries showing your firm’s financial health, like profit and expenses
- Why it matters to you: Helps you understand your firm’s financial standing, make informed decisions, and ensure regulatory compliance
- Firm Balance Advantage: Regular, detailed reports customized specifically for your law firm’s needs ★
Compliance-focused Record Keeping ★
- What it means: We maintain your financial records according to legal requirements and best practices
- Why it matters to you: Avoids costly mistakes, protects against audits, and keeps your firm compliant
- Firm Balance Advantage: Specialized compliance tailored explicitly to law firms, proactively managing risks ★
Annual Audit-ready Summaries
- What it means: Preparation of clear, accurate records ready for yearly audits or reviews
- Why it matters to you: Saves you time, reduces stress around audits, and ensures you’re always prepared
- Firm Balance Advantage: Constant audit readiness, significantly reducing stress and surprises ★
Financial Dashboard Access ★
- What it means: Online tool showing real-time financial data about your firm
- Why it matters to you: Provides instant insights, helps you quickly understand your financial position, and allows informed decisions
- Firm Balance Advantage: Easy-to-use, advanced online platform customized for your specific needs ★
Consultation Meeting ★
- What it means: Regular meetings with your bookkeeping expert to discuss your finances
- Why it matters to you: Opportunity to clarify your finances, strategize, and ask questions directly
- Firm Balance Advantage: Personalized, frequent guidance to enhance your firm’s financial strategy ★
Client Trust Account Management (IOLTA) ★
- What it means: Properly handling and reporting funds held in trust for clients
- Why it matters to you: Critical for legal compliance, maintaining trust, and avoiding penalties
- Firm Balance Advantage: Detailed, meticulous management designed specifically for law firms ★
Dedicated Priority Support ★
- What it means: Quick, reliable access to support when you have questions or urgent issues
- Why it matters to you: Saves you time, reduces anxiety, and ensures issues are resolved promptly
- Firm Balance Advantage: Immediate, dedicated attention for your urgent bookkeeping needs ★
Custom KPI Reports ★
- What it means: Tailored reports that track key performance indicators unique to your law firm
- Why it matters to you: Enables strategic decisions and helps you track important financial goals
- Firm Balance Advantage: Customized reporting that aligns perfectly with your firm’s goals ★
Budgeting & Forecasting Support ★
- What it means: Assistance in planning your firm’s budget and predicting future financial performance
- Why it matters to you: Helps you plan confidently, avoid cash shortages, and seize growth opportunities
- Firm Balance Advantage: Strategic and detailed support tailored specifically for law firms ★
Profitability Analysis by Attorney/Case/Location ★
- What it means: Understanding how profitable each attorney or case is to your firm (if your case management/law practice management system supports it)
- Why it matters to you: Guides resource allocation, identifies top performers, and improves overall profitability
- Firm Balance Advantage: Detailed analysis that clearly shows where your firm excels financially ★
Proactive Compliance Alerts ★
- What it means: Instant notifications of compliance risks or issues
- Why it matters to you: Helps avoid penalties, ensures continuous compliance, and reduces stress
- Firm Balance Advantage: Constant monitoring and immediate alerts specifically for law firm compliance needs ★
Needs Matching Meeting
- What it means: Initial meeting to discuss your bookkeeping needs and assess how Firm Balance can best support you
- Why it matters to you: Gives clarity on service fit and expectations
- Firm Balance Advantage: Thorough assessment and strategic onboarding tailored specifically to your firm ★