- Our Services
Everything your firm needs to run on real numbers
From day-to-day bookkeeping to strategic CFO advisory, we handle the financial operations so you can focus on practicing law. Every service is designed around how law firms — and PI practices in particular — actually operate.
Bookkeeping & Trust Accounting
Accurate books, clean trust accounts, and monthly closes you can rely on. We handle the financial record-keeping so your firm is always audit-ready, tax-prepared, and bar- compliant — without you having to think about it.
Day-to-Day Bookkeeping
- Transaction categorization and recording
- Bank and credit card reconciliation
- Revenue and cost allocation by client and case
- Accounts payable and vendor payments
- Accounts receivable and invoicing management
- Expense management and reimbursement tracking
- Monthly financial close
- Financial statements preparation (P&L, balance sheet, cash flow)
Trust & Compliance Accounting
- Trust account transaction categorization and recording
- Monthly trust account reconciliation
- Client ledger maintenance for trust balances
- Bar compliance documentation and audit readiness
Why This Matters for PI Firms
PI firms carry unique trust accounting complexity. You're holding client funds, managing medical lien payments, disbursing settlement proceeds across multiple parties, and keeping operating funds strictly separated. A single trust accounting error can trigger a bar complaint. We build processes that keep your trust accounts clean and documented so you never have to worry about compliance.
Cash Flow Forecasting & Budgeting
Most accounting firms look backward. We build forward-looking cash flow models designed around how your firm actually makes money — so you can plan with confidence instead of reacting to whatever hits your bank account.
Forecasting & Modeling
- Annual budget development tied to firm goals
- Weekly and monthly cash flow forecasting
- Settlement pipeline modeling with probability weighting
- Scenario analysis (best case, expected, worst case)
- Case cost advance tracking and projections
- Quarterly forecast updates as your pipeline evolves
Cash Management
- Actual vs. forecast variance analysis
- Operating cash runway monitoring
- Cash reserve strategy and recommendations
- Line of credit and case financing guidance
- Overhead coverage planning between settlements
Why This Matters for PI Firms
When your revenue depends on settlement timing, traditional budgeting doesn't work. You need a cash flow model that accounts for case timelines, settlement probability, cost advances you're carrying, and the reality that insurance companies don't pay on your schedule. We build models that give you visibility into your cash position weeks and months out — so you can make hiring decisions, invest in marketing, and take on new cases without guessing whether you can cover payroll.
KPI Dashboards & Financial Reporting
See how your firm is actually performing — not just whether the books balance, but the metrics that drive profitability, efficiency, and growth. We build dashboards tailored to your practice so you always know where you stand.
KPI Development & Tracking
- Identify the KPIs that matter most for your firm
- Weekly and monthly KPI calculations
- Visual KPI dashboards updated on a regular cadence
- Profitability analysis by practice area, attorney, or case type
- Revenue per attorney and per case tracking
- Trend analysis and period-over-period comparisons
Financial Reporting & Insights
- Monthly management reports with commentary
- Case-level profitability reporting (fees earned vs. costs advanced)
- Cost recovery rate tracking
- Business insights and recommendations based on financial data
- Custom reports tailored to your firm's needs
Why This Matters for PI Firms
In a contingency-fee practice, the KPIs that matter are different from billable-hour firms. You need to see case-level profitability (how much you're earning vs. how much you advanced in costs), cost recovery rates, settlement cycle length, and revenue concentration by case type. We track the metrics that give you a real picture of your firm's financial health — not generic dashboards that miss what makes your business model unique.
Fractional CFO Advisory
Strategic financial guidance without the full-time price tag. You get a CFO-level advisor who understands the law firm business model — someone who can help you plan, grow, and make decisions with confidence.
Strategy & Planning
- Regular strategy meetings with your dedicated CFO
- Financial strategy and long-range planning
- Growth planning — when to hire, when to invest, when to wait
- Compensation structure design for partners and associates
- Pricing analysis and fee structure optimization
- Quarterly forecast and planning reviews
Decision Support
- Case financing and cost advance strategy
- New hire financial impact analysis
- Office expansion or lease analysis
- Marketing spend ROI modeling
- Line of credit and debt management guidance
- Exit planning and firm valuation considerations
Why This Matters for PI Firms
Every growth decision in a PI firm carries financial uncertainty that hourly-billing firms don't face. Should you take on a complex case with high costs? Can you afford another associate when your biggest settlement is three months out? How do you structure partner comp when revenue is inherently lumpy? Our CFO advisory is led by a former investment banker with 15 years of experience in M&A and restructuring — the kind of analytical rigor that helps you navigate these decisions instead of guessing.
Tools We Work With
- How it works
Getting started is simple
We make the onboarding process straightforward so you can start seeing results quickly — not months from now.
01
Discovery Call
We'll learn about your firm, your financial challenges, and your goals. No pitch — just a conversation to see if we're the right fit.
02
Financial Assessment
We review your current books, systems, and processes. We'll identify gaps, quick wins, and a clear path forward.
03
Setup & Clean-Up
We get your books organized, set up the right processes and reporting, and make sure everything is compliant and accurate from day one.
04
Ongoing Partnership
Monthly closes, regular reporting, and strategic advisory on your schedule. We're a standing member of your team, not a one-time project.
See our service plans & pricing
We offer tiered service plans based on your firm's size and needs. See which plan makes sense for where your firm is today — and where you want it to be.
Ready to get your firm's finances under control?
Let's talk about what's keeping you up at night financially — and see if we're the right fit.
Benchmark your firm's financial foundation
Take our free 3-minute Personal Injury Financial Foundation Assessment and see where your firm stands.