Accounting for Attorneys
Let's face it, running a law firm can be challenging. Managing partners and solo practitioners know this all too well. Beyond handling your caseload and managing clients, you must also market your business, manage your office and staff, run payroll, take care of invoicing, and perform countless other back-office tasks. When you add it all up, it's amazing there is any time left for what you do best: the practice of law! Instead of getting bogged down by these tasks, leave your accounting, bookkeeping, and financial planning to a CPA firm that specializes in law firm accounting services.
Our Specialty in Law Firms
At Thomson CPA, we understand the nuances of the legal industry. We know the issues that law firms typically face and how to overcome those challenges. During the initial stages of our partnership, we will ask detailed questions about your practice and its operations. To implement the right approach for your firm, we will:
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Understand your goals and vision
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Analyze your books and financial performance
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Learn your billing and invoicing procedures
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Review your payroll and benefit plans
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Examine your accounting systems and vendors
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The great thing about engaging a CPA firm that specializes in the legal industry is that we know what success looks like in a law firm. We will advise you on best practices, improve your back-office operations, and, ultimately, help you succeed financially.
What Services do we Offer?
We offer a wide range of accounting services tailored for law firms and attorneys. This includes the following:
Why should you hire us?
Time Management
By entrusting all aspects of your accounting to us, you gain valuable time previously spent on mundane back-office tasks. That's more time for you to focus on developing new clients and working on cases, which of course, means more revenue for your practice!
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Compliance
We adhere to all regulations and requirements in bookkeeping, accounting, and taxes. This ensures that your practice remains shielded from oversights or miscalculations, safeguarding against any potential problems or embarrassment. You can trust in our commitment to accuracy and compliance, providing you with peace of mind regarding your financial affairs.
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Financial Performance
As you know, the decisions you make often have a direct impact to the financials. Are your marketing efforts bearing fruit? Should you move into another office space, or hire that new attorney? What retirement plans work best from a tax perspective? We have the experience and expertise to address these and other financial questions. At Thomson CPA, our primary goal is to provide sound advice to enhance your firm's financial performance.
Get in touch!
10900 Stonelake Blvd
Bldg 2, Ste 100
​Austin, TX 78759
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Call or Text
512-650-8609