Let Us Help You Achieve Financial Peace Of Mind.
Accounting for Law is a bookkeeping firm with expertise specific to the legal industry. Our firm understands that there are many components to running a successful legal practice such as maintaining complete, accurate, and up-to-date financial records in accordance with any Provincial Law Society
By-laws, which can draw you away from the practice of law.
Bookkeeping for Lawyers
At Accounting for Law, our team understands the specific challenges you encounter in your legal practice. This is why our professional bookkeeping firm offers its services solely to lawyers. We have a capable team that is privy to the various types of business planning has years of experience of financial planning, practice management accounting, and tax services you need.
Entrust your Bookkeeping tasks to us so you can focus on what you do best — your legal practice.
About Us
For over 20 years, Accounting for Law has demonstrated the ability to produce a clear concise financial picture, a development of techniques for tax minimization and maintenance of financial records in compliance with Provincial Law Societies.
Our staff is made up of a network of professionals with diverse skill sets. Our main service centers on our helpful legal bookkeeping staff. We also have a network of IT, staffing and management professionals to be available at a moment’s notice within your budget. Our company understands that running a law practice can be all too time consuming. We receive great satisfaction in bridging your law firms operations and financial reports.
Getting a handle on bank financing, taxes and Law Society compliance can be overwhelming.
Let us help you to achieve financial peace of mind.
Who do we serve:
The cornerstone of our service involves providing a comprehensive Legal bookkeeping service for sole practitioners, partnerships and small to medium sized legal firms.
History
In September 2000, after working 9 successful years as a full-time Office Manager/Bookkeeper for prominent lawyers in Toronto, including the legal firm of Clayton Ruby and Marlys Edwardh Barristers, Accounting for Law was launched by Jacques Tjonasan. Jacques received the blessing of his former employer, leads from chartered accountants, several references, and ultimately the benefit of word-of-mouth allowing Accounting for Law to originate with a handful of clients.
Technology is advancing aggressively, therefore most legal bookkeeping software are switching over to cloud or subscription-based software. Which means there are new functions that require a specific skill set. Many of the older versions of bookkeeping softwares are outdated. Law firms are currently starting to feel the significant changes in technology which has resulted in a strong demand for bookkeepers with advanced skill-sets.
In the past 20+ years, Accounting for Law has focused on this specialized skill-set in this niche area, and we continue to grow and expand our services. We have bookkeeping professionals who are certified by LexisNexis in PCLaw, Cosmolex & Ghostpractice on staff. Law firms who benefit from the services of Accounting for Law include firms across Canada.
Law Society
A primary goal, which reflects a remedial approach, is to attend your law office and provide on-site guidance aimed at helping your Law Firm correct minor deficiencies with your firms record-keeping practices before they lead to serious local Law society non-compliance. Let us help your Law Firm conduct an internal review well before a notice of a Provincial Law Society Spot Audit.
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. After a spot audit your law office may receive correspondence which requires a detailed reply. Allow us to review your law firm's books and assist with a comprehensive response.
What We Do
There are occasions where a Law Firm can fall behind in their Bookkeeping. No matter the reason, we are experienced in stepping in to bring your books up to date. Updating, migrating or re-building a set of financial records is a process. Our goal is to accurately and efficiently enter your financial data in the most cost effective manner.
Legal Bookkeeping
Our legal bookkeeping team can help you get — and stay — organized so you can make the best financial decisions for your company.
Payroll
Let us take care of the back-end payroll, tax forms, and remittances. With our help, you can spend less time on payroll and more time on your clients.
Filing
With the help of our team, you can rest assured that the required government & law society filings will be completed on time.
Spot Audit
We make sure that the financial records of your law firm remain in accordance with. Local law society by laws. We can conduct an internal review before a Provincial Law Society Spot Audit to ensure that you are in compliance with the LSO. We also attend spot audits to provide on-site guidance.
Data migration
A desire to evaluate current software capabilities and market comparisons should be part of any Law Firms future growth. AFL encourages all lawyers to remember R.D.F. when considering a migration from one practice management/legal bookkeeping software.
D- Schedule Demonstrations from each software provider
F- Get Feedback from your fellow lawyers or governing law societies
We will be there to assist with the migration, make customizations to best suit your firm and provide the necessary training and support.
Call us today
Data Rebuild
Do you have data to rebuild from previous years? Click the video above to view our onboarding process.
Legal Bookkeeping Training
The AFL Team has the expertise to run Webinars, in class sessions and one on one training. Our team are career legal bookkeepers and law office managers, some 25 years or more. No matter the software, we have a formula to teach software optimization and financial record keeping. After the training we provide ongoing support to your full-time bookkeeping personelle. Call us today.
*Alongside legal bookkeeping, we offer assistance with spot audits and systems training.
Our professional Bookkeepers are available to train your Firms existing staff in any legal accounting software. Whether your staff needs a refresher or you are setting up a new accounting software, we are here to guide your staff step by step.
Our expert Bookkeepers train partners, secretaries, clerks and receptionists in the proper use of PCLaw.
Partnership
Why Partner With Accounting for Law
Our company understands that there are many components to running a successful legal practice; such as maintaining complete, accurate and up to date books and records in accordance with any Provincial Law Society By-laws, which can draw you away from the practice of law.
Expertise
Our bookkeepers have the expertise to handle legal accounting software including Cosmolex, Leap, Ghost Practice, PCLaw accounting support in Canada. We work with you to achieve your financial goals and enhance the profitability of your law practice.
A Team of Bookkeepers
We have a large team of bookkeeping and tax experts who will see to your law firm bookkeeping needs.
Compliance
We receive great satisfaction in assisting you in meeting your filing obligations, managing your law firm's trust account(s), bank financing, taxes, and maintaining provincial law society By-Law compliance.
We provide comprehensive support for the following software:
Let us help you with your accounting so that you can focus on the growth and development of your legal practice. Consult with us today; call us at 905-492-5522.
Spot Audits Completed
New Clients
Reduced Costs (%)
Data rebuilds
Our Blog
Tips and Advices
Top Challenges of Accounting for Law Firms
Law firm accounting can be difficult. Not only are there the usual aspects of corporate accounting, such as payroll, office purchases, profit and loss statements,…
Reasons Why Law Firms Need Legal Bookkeeping
Accounting and bookkeeping for lawyers may be a hassle, especially for those who would rather be practicing law than calculating numbers. As a result, bookkeeping…
Faq
Top Questions
Why should I hire a Legal Bookkeeper?
Bookkeepers record the financial transactions of your business. Legal Bookkeepers are professionals that are familiar with the unique requirements of Law Firms. From trust accounting, to Law Society reporting, Legal Bookkeepers understand the necessity to maintain compliance and healthy financial records. Accounting for Law is a Team of Legal Bookkeeping Professionals that can help you with your immediate or long-term needs. Call us today!
What happens if my system crashes and I lose all my data?
Accounting for Law offers financial data rebuilds. Our bookkeeping and IT professionals can help you re-enter missing information and get your books back in order. Contact us to find out more.
I want to change Legal Accounting Software, what do I need to do?
- Research which legal accounting software is the best fit for your needs.
- Contact the provider to discuss pricing
- Contact Accounting for Law to find out how we can help with your data migration
What does the Law Society look for during spot audits?
When your local Law Society is auditing your financial records, they look for inconsistencies and/or discrepancies in your books. Trust Accounts need to be reconciled regularly and financial records maintained in order to have a successful audit. Are you preparing your Form 9’s? Are you reconciling your trust account regularly? Do you have uncleared errors in your bank account? If you need help reviewing any of this or need help cleaning up your financial records, call Accounting for Law today!
Do you offer Payroll/ T4 Filing Services?
Accounting for Law has an entire department dedicated to Payroll Administration. Some of the highest penalties are related to late filings and source deduction remittances. Don’t get behind, call us now!
What are your core services?
Our core services include Trust and General Bank Reconciliations, HST filings, and Yearend Processing.
What Legal Accounting Software do you recommend?
Accounting for Law encourages all law firms to research each available software. Software companies offer in-depth demonstrations. Contact them directly to discuss pricing options. Accounting for Law bookkeeping professionals support a wide range of these softwares.
Contact Us
Contact Accounting for Law Inc.
Financial peace of mind for lawyers
Phone
Our Contact Phone:
+1 905-492-5522
Our Contact Email:
contact@forlaw.ca
Address
Office Location:
First Canadian Place
100 King Street West
Suite 5600 Toronto,
ON, M5X 1C9
Phone
Our Contact Phone:
Our Contact Email:
contact@forlaw.ca
Address
Main Office Location:
1235 Bayly Street
Unit 7 Pickering,
ON L1W 1L7
Phone
Our Contact Phone:
1 905-492-5522
Our Contact Email:
contact@forlaw.ca
Address
Office Location:
55 Commerce Valley Dr.
5th Floor - Suite 28
Richmond Hill,
ON L3T 7V9
Phone
Our Contact Phone:
587-390-852
Our Contact Email:
contact@forlaw.ca
Address
Office Location:
TD Canada Trust
421 - 7th Avenue SW 30th Floor
Calgary, AB
Phone
Our Contact Phone:
905-492-5522
Our Contact Email:
contact@forlaw.ca
Address
Office Location:
116 Albert St.
Suite 200/300
Ottawa, ON, K1P 5G3