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Law Firm Accounting Software2025-09-02T13:00:20+00:00

Law Firm Accounting Software

Reconcile to zero, stay compliant, and get paid faster

Stay on top of your finances and get the full picture, moving from matters to invoice to payment in a single, comprehensive platform.

  • Trust and operating segregation
  • Three‑way reconciliation support
  • Client trust ledger and summary reports
  • Audit trail, user roles, and approvals
Law Firm Accounting Software

Transform your legal billing and accounting for easy month-end accounting.

Know every matter’s money at a glance

Seamless financial management for your law firm. Track balance, trust, payments, and write‑offs per matter. See what is billable, what is held in trust, and what is overdue.

Reconcile faster at month‑end

Integrated time tracking and expense capture roll into your books, so you reconcile without chasing timesheets or receipts.

Streamline retainers, tax, and expenses

Simplify your tax management with RunSensible integrated software. Generate and track professional invoices, track billable hours and account for expenses.

Maximize firm’s savings with efficient expense tracking

Gain insights into your firm’s expenses with RunSensible’s expense tracking tools. Track spending, identify cost-saving opportunities, and make informed financial decisions to drive growth.

Connect accounts and auto‑match transactions

Connect your Operating and Trust bank accounts to RunSensible and import transactions automatically. Match them to matters, invoices, and expenses for easy reconciliation.

Customizable chart of accounts for precise financial management

Gain valuable financial insights with RunSensible robust reporting features. From balance sheets to trust fund reports, RunSensible software empowers you to make data-driven decisions that drive success for your firm.

How RunSensible simplifies legal accounting

  1. Connect accounts. Link Operating and Trust accounts, or import statements.
  2. Track time and expenses. Capture as you work. Everything posts to the right matter.
  3. Invoice and collect. Send clear invoices with payment links. Automate reminders.
  4. Reconcile to zero. Use bank feeds and matching to close each month with a clean statement.
  5. Report with confidence. Send client trust reports to your law society with complete audit logs.
Lawyer-Friendly Cloud-Based Legal Accounting Software Solutions
Trust Accounting

Optimize Client Funds Management with Trust Accounting Features

Designed for the legal industry, our system lets you handle your trust accounts as well as the firm’s operating accounts. From detailed transaction tracking to robust reporting, you can streamline your financial oversight and enhance trust with clients through transparent and accurate financial management. Elevate your law firm’s trust accounting practices and simplify month-end reconciliation.

Legal Accounting software FAQs

Legal accounting involves managing financial transactions, bookkeeping, adhering to regulatory guidelines, and reporting within the legal industry. One efficient solution to streamline these processes is by using RunSensible Law Firm Practice Management software. This comprehensive platform not only helps law firms manage their day-to-day operations but also offers powerful accounting features tailored specifically for legal practices. With RunSensible law firm accounting software, law firms can easily track billable hours, handle client funds while complying with regulations, maintain trust accounts, and generate accurate financial reports. By integrating practice management and accounting functionalities, RunSensible provides a seamless solution for law firms to efficiently manage their accounting needs while focusing on delivering exceptional legal services.

Law firm bookkeeping involves maintaining detailed financial records for the firm and its clients. This includes creating and updating a comprehensive general ledger for each client and accurately documenting transactions, service fees, and disbursements. Accurate bookkeeping is crucial for law firms to manage their finances effectively, make informed decisions, and provide clients with trustworthy financial information.

Legal accounting software is purpose‑built for law firms. It tracks money by matter, not just by account. It keeps trust and operating funds separate and enforces rules for retainers, disbursements, and transfers. You see client trust balances and matter balances in real time. You can generate client trust reports and three‑way reconciliations without manual spreadsheets. Generic tools can record transactions, but they miss legal‑specific controls and audit trails. This creates risk and extra work. An accounting system for lawyers reduces that risk, speeds reconciliation, and helps you explain every dollar to clients and regulators. It is accounting software for law firms that fits your day‑to‑day work, including time entries, expenses, invoices, and payments linked to matters.

Yes. Many firms keep QuickBooks for their external accountant and use legal accounting software to handle trust, matters, and day‑to‑day operations. The legal layer captures time, expenses, retainers, and trust movements with proper controls. You can export summaries or use journal entries to keep the external ledger in sync. This approach gives you legal‑specific safeguards plus the reports your accountant expects. Whether this is the best accounting software for attorneys depends on your workflows, trust volume, and reporting needs. Most firms find that legal controls, matter‑based posting, and clean reconciliations justify the switch. You reduce manual adjustments, protect trust funds, and close the month faster.

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RunSensible - Comprehensive Legal Practice Management Software

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