Bookkeeping and Accounting for Corporate Lawyers
In search of a bookkeeper and accountant for your corporate law firm? We handle your books, leaving you more time to concentrate on your cases. Give us a try for free.
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How Bench works with corporate lawyers
Keep your legal practice on the right financial track with Bench. Offering specialized bookkeeping, income tax prep, and filing services that cater to corporate lawyers—all from one powerful platform. Bench has the expertise to work seamlessly with your law firm.
We get you set up
Our team dedicates time to thoroughly comprehend your legal firm, address your queries, assist you in connecting your business accounts, and demonstrate how Bench seamlessly supports your profession.
We do your bookkeeping
Each month, your dedicated bookkeeper handles your law firm's transactions and crafts comprehensive financial statements. If they require any additional information from you, they will promptly reach out.
We deliver tax-ready financials
Our team of professionals is well-versed in the financial obligations of corporate law firms, and will tailor their approach to your firm’s specific requirements.
Here’s why corporate lawyers like you trust Bench with their bookkeeping and accounting
Get fast, unlimited support from our expert advisors
We regularly provide corporate law firms with bookkeeping updates. Have pressing queries that can't be put on hold? We pledge to respond within a single business day or even less.
Guaranteed accuracy in every detail
Our platform enables you to automate data entries from most major providers, effectively eliminating common errors. We collaborate with giants like Gusto, Stripe, Shopify, and Square— ensuring your law firm's finances are always spot-on.
See where you’re spending. Make smart decisions
Say goodbye to mountains of legal documents and tedious manual record-keeping—we automate information directly from your linked accounts. Gain clarity from one unified dashboard so you can swiftly comprehend the financial standing of your corporate law practice and drive strategic decisions.
Bench integrates with your favorite small business tools
We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents.
Trusted by 25,000+ American small business owners
CHRIS RONZIO
DR. BUKKY KOLAWOLE
HEATHER SHOLL
We know bookkeeping for corporate lawyers
In the fast-paced, complex world of corporate law, attorneys are frequently burdened with an array of intricate tasks that demand their utmost attention. With Bench's intuitive bookkeeping and tax services, we take the financial management off your plate, leaving you more time to focus on your caseload. Our team of expert bookkeepers are extremely familiar with the intricate accounting and financing requirements associated with the legal sector, ensuring your firm’s adherence to the specific laws, industry-specific taxes, and ethics required by the American Bar Association and other local law entities.
We understand that corporate lawyers handle various financial transactions, from M&A deals to capital markets activity, which can create unique bookkeeping challenges. Bench utilizes smart software, coupled with real human precision, to handle these complexities so that your firm's financials are always accurate and up-to-date. Keeping track of client trust accounts and managing IOLTA regulations can be tedious and enormously time-consuming; we simplify it. At Bench, we are not just taking care of your books and taxes, we're delivering peace of mind, allowing you to concentrate on delivering comprehensive legal services for your clients.
Simple, straightforward pricing for everything your business needs.
Get bookkeeping, tax prep, advisory, and filing with Bench's powerful, easy-to-use platform.
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Essential
billed annually
Premium
billed annually
Essential
billed monthly
Premium
billed monthly
Frequently Asked Questions
As a corporate lawyer, there are a few specific legal-indicative considerations that may impact your tax responsibilities. Some of these include:
- Professional service corporation (PSC) treatment: Legal services are categorized as a "personal service," meaning lawyers could be subject to particular tax rules for PSC. This could affect your corporate tax rates.
- Deductibility of legal expenses: Not all legal expenses are deductible, and those that are must strictly be for business purposes. This includes professional fees and expenses related to operating your legal practice.
- State law considerations: Depending on the jurisdiction you are operating in, different states can have different corporate tax laws that impact your legal practice.
Keeping abreast of these considerations can enable you to optimize your tax situation, and a professional bookkeeper can help ensure that you are adhering to all the relevant regulations.
Bench Accounting provides specialized bookkeeping services specifically tailored for law firms. Our expert bookkeepers can manage all aspects of your firm's finances, which includes tracking spending on research materials, paralegal expenses, and allocating them correctly. Understanding these costs will not only help with budget management but also, it may enhance profitability by revealing opportunities for cost savings or better cost allocation strategies.
The best way to manage financial records for a corporate law practice is to hire a professional bookkeeper or a bookkeeping service. This ensures that all financial transactions are recorded accurately and on time. Specialized accountants for law firms can help with managing trust accounts, billing clients, expense tracking, and generating financial reports among other services.
Bench Accounting offers industry-leading bookkeeping services specifically tailored to the needs of corporate law practices. Our team of expert bookkeepers uses advanced software tools to streamline your bookkeeping processes, ensuring effortless financial management while allowing you to focus on your legal services. Contact us today for a personalized consultation.
Nope! All bookkeeping is completed in-house.
Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.
We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.
Bookkeeping Services for Corporate Lawyers
Sign up for a Bench trial, and get one month free. If you decide to go with us, we’ll take bookkeeping off your plate—for good.
No credit card required. By clicking ‘Get Started’, I agree to Bench’s Terms & Privacy Policy.