Law Firm Accounting Software
Reconcile to zero, stay compliant, and get paid faster
RunSensible connects your accounting to everything else your firm does. Time entries, expenses, invoices, payments, and trust transactions all post to the right matter and the right ledger — so month-end means reviewing clean books, not rebuilding them.
- Separate trust and operating accounts
- Three-way reconciliation support for trust compliance
- Client trust ledgers and compliance-ready reports
What is law firm accounting software?
Law firm accounting software is specifically designed for legal practices. Unlike generic bookkeeping tools, it effectively tracks finances by individual matters as well as by account. It ensures that client trust funds are kept separate from operating funds and generates the reconciliation and trust reports that your state bar or law society requires. RunSensible integrates these legal accounting controls into the same platform you already use for managing matters, time tracking, billing, and payments.
What changes will connected legal accounting bring to your firm?
Your Accounting Software
Most firms are advised to purchase two separate systems: a CRM for managing leads and intake, and a practice management system for handling matters and billing, and then keep them synchronized. RunSensible takes a different approach. Client relationship management is integrated directly into the platform, so as soon as a lead signs up, all their information is automatically available in your matter, documents, and billing sections.
| Generic accounting tools | RunSensible legal accounting | |
|---|---|---|
| Tracks money by matter | No — accounts only | Yes — every transaction ties to a matter |
| Trust / operating separation | Manual workarounds | Built in |
| Client trust ledgers and reports | Not included | Built in |
| Time and billing connection | Requires separate tools | Native |
| Compliance reporting | Generic reports | Trust and reconciliation reports for legal regulators |
Legal accounting capabilities built around your matters
Matter-level financial tracking
Track balances, trust funds, payments, and write-offs for every matter. Billable work, held funds, and overdue invoices are visible from the matter itself, so lawyers and bookkeepers work from the same numbers.
Bank feeds and transaction matching
Link your operating and trust bank accounts or import statements, then associate transactions with matters, invoices, and expenses for quicker reconciliation.
Expense and disbursement tracking
Record firm expenses and client disbursements promptly to the correct matter. Recoverable costs are included on invoices, preventing losses to your margins.
Chart of accounts and financial reporting
Tailor your chart of accounts to align with your firm’s operations, and generate reports such as balance sheets, trust reports, and collections by lawyer. Time and expense data automatically feed into the reporting system, ensuring that reports reflect work as it happens.
Trust accounting that keeps you compliant
Use dedicated trust ledgers to keep client funds separate from operating transactions. Generate required trust reports and reconciliation records for regulators. For more details, visit our legal trust accounting software.
One platform for the business side of your practice
Accounting is most effective when integrated with the processes that generate the data. RunSensible connects your books to legal invoicing, online payments, time and expense tracking, and case management.
RunSensible offers support via phone, email, and chat, along with guided setup to ensure your accounts are configured correctly from the start. Your data is safeguarded with modern cloud security. View our security overview.
