Accounting Software for Law Firms Wave Financial

As you can see, the cloud model is built for agility and efficiency, letting you offload the technical burdens and focus on what you do best. Yes, we offer flexible subscriptions with no long-term contracts. Rocket Matter’s industry-leading QuickBooks integration streamlines your financial workflows and eliminates manual adjustments and errors—not to mention frustrations. Take your firm’s productivity to the next level with Smokeball AI. Smokeball helps you focus on your most valuable matters and bill what you’re worth.

Best Law Firm Accounting and Bookkeeping Software for 2025

ProLaw is desktop/server-based, so it can be run on-premise or within a Private Cloud. ProLaw also offers ProLaw Workspace, an optional web interface to the ProLaw system. Let’s look at some of the pros and cons of server-based software.

Manage Your Matters Better

You can log hours directly from your calendar, use timers, or track activity in bulk. Each entry is matter-specific, with custom increments https://www.yuks.co/law/the-primary-aspects-of-bookkeeping-for-law-firms/ and activity types. This helps you meet firm expectations, minimize lost hours, and stay compliant with internal policies and client requirements. Bill4Time offers desktop and mobile access, allowing you to track time as you work wherever you go. Bill4Time’s time tracking features include timers, calendar-based entries, and manual adjustments which are all tied to matters and activities. These plans are designed to scale with your firm, whether you’re a solo practitioner or managing a larger team.

Legal accounting software to free up your practice

Prices vary depending on the type of software and features included. Basic accounting tools like Xero start at $29 per month, while comprehensive legal platforms like QuickBooks and LeanLaw range from $35 to $45 per user per month. Advanced solutions with CRM and case management features can cost significantly more. Do you ever feel like managing your firm’s finances takes up more time than actual legal work? Tracking billable hours, handling trust accounts, and chasing down invoices can be overwhelming—especially if you’re Bookkeeping for Law Firms relying on spreadsheets or generic accounting tools.

• Most lawyers use time and billing software for lawyers, like Bill4Time, that supports real-time tracking, matter-based billing, and professional invoicing.
• Accurate contact management means the billing and invoicing systems always have up-to-date information, thereby reducing errors and saving time.
• Fully integrated legal software suites will include accounting features along with other important features like practice management and time and billing.
• Whether you’re on a break at the courthouse or traveling to see clients, your financial info is at your fingertips.
• For example, does your law firm spend a lot of time manually reconciling accounts each month?
• This balance improves productivity while strengthening financial control across the firm.

How can legal accounting software improve my law firm’s overall financial management?

Effective contact management tools help your firm create a system for organizing records of key individuals and partners. Greater insight into spending and your firm’s cash flow will help you identify overspending and opportunities to strengthen the budget. Instead of drowning in spreadsheets or trying to fix accounting mistakes at the end of the month, you can focus on your clients and casework. Search across millions of pages, documents, folder email and notes in seconds.

• Adopting the cloud is more than just a technology upgrade—it’s a foundational business strategy.
• If you have a cloud-based document management system, like LexWorkplace, you’ll likely find that it’s easier to coordinate and integrate your legal software.
• This reduces billing questions and prevents unnecessary disputes.
• It also revealed that law firms using trust accounting software save up to 15 hours a month.