Accounting for Law

Accounting for Law is a bookkeeping firm with expertise specific to the legal industry. Additionally, our firm understands that there are many components to running a successful legal practice. For example, maintaining complete, accurate, and up-to-date financial records in accordance with any Provincial Law Society by-laws can take valuable time. As a result, these responsibilities can draw you away from the practice of law.

Bookkeeping for Lawyers

At Accounting for Law, Firstly, our team understands the specific challenges you encounter in your legal practice. Therefore, our professional bookkeeping firm offers its services solely to lawyers. In addition, we have a capable team that is familiar with various types of business planning and has years of experience in financial planning, practice management accounting, and the tax services you need.

As a result, entrust your bookkeeping tasks to us so you can focus on what you do best — your legal practice.

In September 2000, after successfully working for 9 years as a full-time Office Manager/Bookkeeper for prominent lawyers in Toronto, including the legal firm of Clayton Ruby and Marlys Edwardh Barristers, Jacques Tjonasan launched Accounting for Law. At the time, Jacques received the blessing of his former employer, leads from chartered accountants, and several references. Furthermore, through the benefit of word-of-mouth, Accounting for Law gradually began with a handful of clients.

Meanwhile, technology is advancing aggressively. As a result, most legal bookkeeping software programs are switching to cloud-based or subscription-based platforms. Consequently, these changes have introduced new functions that require specific skill sets. Moreover, many older versions of bookkeeping software are now outdated. Therefore, law firms are beginning to feel the significant impact of technological changes, which has resulted in a strong demand for bookkeepers with advanced skills.

For more than 20 years, Accounting for Law has focused on developing this specialized skill set in this niche area. Additionally, we continue to grow and expand our services. To support our clients, we also have bookkeeping professionals on staff who are certified by LexisNexis in PCLaw, CosmoLex, and GhostPractice. As a result, law firms across Canada benefit from the specialized services provided by Accounting for Law.

A primary goal, which reflects a remedial approach, is to attend your law office and provide on-site guidance. In this way, we aim to help your Law Firm correct minor deficiencies in your firm's record-keeping practices before they lead to serious local Law Society non-compliance. Therefore, let us help your Law Firm conduct an internal review well before receiving a notice of a Provincial Law Society Spot Audit.

However, if your law firm has an audit pending, our accounting firm will urgently step in and provide the necessary support and preparation for your Law Practice. Furthermore, after a spot audit, your law office may receive correspondence that requires a detailed reply. If so, allow us to review your law firm's books and assist with preparing a comprehensive response.

There are occasions when a Law Firm can fall behind in its bookkeeping. However, no matter the reason, we are experienced in stepping in to bring your books up to date. In addition, updating, migrating, or rebuilding a set of financial records is a process. Therefore, our goal is to accurately and efficiently enter your financial data in the most cost-effective manner.

*Alongside legal bookkeeping, we offer assistance with spot audits and systems training.

Our professional Bookkeepers are available to train your Firm's existing staff in any legal accounting software. Whether your staff needs a refresher or you are setting up new accounting software, we are here to guide your staff step by step. In addition, we provide practical guidance to help your team use the software effectively.

Furthermore, our expert Bookkeepers train partners, secretaries, clerks, and receptionists in the proper use of PCLaw.

Our company understands that there are many components to running a successful legal practice. For example, maintaining complete, accurate, and up-to-date books and records in accordance with any Provincial Law Society By-laws can take valuable time. Consequently, these responsibilities can draw you away from the practice of law. Therefore, our goal is to help you manage these responsibilities efficiently.

Let us help you with your accounting so that you can focus on the growth and development of your legal practice. In addition, by allowing us to handle your accounting needs, you can dedicate more time to your firm's success. Therefore, consult with us today; call us at 905-492-5522.