What exactly is an Accountant?
An Accountant is a professional who primarily handles responsibilities related to completing monthly reconciliations and creating monthly financial statements to give you a clear picture of your financial standing.
More Information About Our Outsourced Accounting Service
With our Outsourced Accounting Service, you’ll have a dedicated and skilled accountant who provides prompt monthly accounting reporting. We collaborate with you consistently throughout the year, conducting regular meetings and offering guidance to keep you informed about your current financial position, enabling you to make informed financial decisions for your firm.
A law firm’s cost to hire an accountant would cost anywhere from $60,000 to $100,000 per year. However, when you receive our External Accounting Service, you benefit from knowing you are working with professionals who are trained specifically on accounting for law firms for less than the cost of hiring an in-house accountant (not to mention avoiding the time & expenses associated with training or benefits).
We provide a customized proposal after an initial meeting and review of your firm’s financial processes and records.
When you partner with us for accounting services, you’ll receive the following benefits:
Monthly Meeting
Our meeting typically takes place in the third or fourth week of the month, but the timing of the meeting can be tailored for your firm. It serves as an opportunity to assess the financial performance of the previous month, as well as year-to-date figures. Please note that this service level does not include any additional meetings beyond this.
Yes. Our team is trained specifically to provide accounting services for law firms.
During our call, we can delve into your objectives, assess your current position, and discuss your desired result.
Onboarding is a 3 week process, but is highly dependent on the size of the firm, whether there is a current accounting team in place, and whether remediation work is needed.