§ Docket No. BC-2026 — Service Schedule
Accounting Services
Structured for Legal Practice
Three engagements, each designed around the accounting realities that law firms face — trust compliance, billing clarity, and partner distribution.
§ Exhibit A — Scope of Practice
What We Handle
Each service below addresses a specific accounting function that general-purpose firms often lack the context to handle well. Legal accounting operates under rules that are distinct from standard business accounting — bar compliance, IOLTA requirements, realization tracking, and equity allocation each carry their own standards and sensitivities.
The engagements are available individually. Firms may retain one service, two, or all three depending on their current needs.
Case No. BC-001
§ Matter 001 — Monthly Retainer
Law Firm Trust Accounting
Specialized accounting for client trust accounts — both IOLTA and non-IOLTA — designed to meet bar association requirements. We maintain detailed trust ledgers, reconcile trust bank accounts monthly, and track deposits and disbursements by client matter.
The engagement includes monitoring of three-way reconciliation between bank statements, the trust ledger, and client sub-ledgers. Reports are prepared to support compliance reviews and internal oversight.
- → IOLTA and non-IOLTA trust account management
- → Monthly three-way reconciliation
- → Client matter-level ledger tracking
- → Trust accounting compliance reports
$1,800
USD / month
§ Matter 002 — Per Engagement
Legal Time & Billing Reconciliation
Reconciliation of timekeeping records with billing and collection data to clarify revenue recognition and accounts receivable. We review time entries against invoices, examine write-offs and adjustments, and prepare reports on realization rates and collection performance by attorney or practice group.
Suitable for firms that want a clearer picture of where time becomes revenue — and where it doesn't.
- → Time entry review against invoices issued
- → Write-off and adjustment verification
- → Realization rate reporting by attorney
- → Collection performance analysis by practice group
$2,200
USD / engagement
Case No. BC-002
Case No. BC-003
§ Matter 003 — Per Engagement
Partner Compensation Analysis
Financial analysis supporting partner compensation decisions. This includes calculation of origination credits, billable and collected revenue by partner, expense allocation, and profit distribution modeling across equity and non-equity structures.
We prepare detailed workbooks with transparent calculations and present findings in formats that support governance discussions within the partnership — without taking a position on the outcome.
- → Origination and billable credit calculation
- → Collected revenue analysis by partner
- → Expense allocation and profit distribution modeling
- → Partnership governance-ready workbooks
$3,500
USD / engagement
§ Filing Note — For Reference
Why Legal-Specific Accounting Matters
General accounting firms are familiar with payroll, tax preparation, and standard financial statements. Legal accounting introduces a separate layer of complexity: bar association rules governing client funds, ethical obligations tied to trust account handling, and partnership structures that vary significantly from one firm to the next.
Our work addresses those layers directly. We don't adapt a general-purpose practice to legal clients — this is the only industry we serve.
§ Procedural Notes — Engagement Process
How an Engagement Begins
Step 01
Initial Inquiry
You describe your firm's current accounting setup and what service you're considering. No lengthy forms.
Step 02
Scoping Review
We review your current records and identify what's needed. This is where we confirm the right engagement for your situation.
Step 03
Engagement Letter
A written engagement letter is issued with the agreed scope, deliverables, and terms — before any work begins.
Step 04
Ongoing Work
Monthly engagements proceed on a regular cycle with agreed reporting. Project-based engagements are delivered on a defined schedule.
§ Filing Notice — Next Steps
Ready to Discuss Your Firm's Needs?
Reach out with a brief description of your situation and which service you'd like to learn more about. We'll respond with relevant information and, if appropriate, schedule a call to discuss the specifics.