Bookkeeping for law firms
Stakeville provides bookkeeping for law firms: disciplined operating-account books, trust/IOLTA-aware record-keeping with three-way reconciliation support, matter-level cost tracking, and financials structured for partner and bar-compliance needs.
Law firm accounting carries a risk no other industry has: trust accounting errors aren't just bookkeeping problems, they're bar problems. Client funds must reconcile three ways (bank, book, and client ledger) every month, without exception.
We keep the operating books clean and the trust records reconciliation-ready: client costs advanced tracked by matter, retainers handled as the liabilities they are until earned, and reporting that shows partners both firm performance and matter economics.
Where law firms books usually break
Trust reconciliation gaps
IOLTA balances that don't three-way reconcile, a compliance exposure, not a rounding error.
Retainers booked as income
Unearned client funds recognized early, misstating both revenue and liability.
Matter-cost blindness
Advanced costs untracked by matter, leaking recovery at settlement.
How Stakeville handles it
Three-way reconciliation support
Trust bank, ledger, and client balances tied out monthly.
Retainer liability handling
Client funds recognized as earned, never before.
Matter-level tracking
Advanced costs and fees tracked by matter for full recovery.
Partner-ready reporting
Firm P&L plus the views partners actually ask for.
“The payroll clearing account had never balanced in four years. They found every unmatched entry and now it zeros out every single period.”
“They rebuilt our dealer books, set up the sales tax workflow, and found a revenue gap we didn't know existed.”
Services for law firms
Law Firms, common questions
Do you understand IOLTA requirements?
Yes, we maintain records that support three-way trust reconciliation and flag any discrepancy immediately. Final compliance sign-off stays with the firm, as bar rules require.
Can you track costs advanced by matter?
Yes, client costs are tracked by matter so nothing is left behind at billing or settlement.
Find out what your books need, free.
A 20-minute Books Health Check: we review your current setup and tell you exactly what it will take to get clean, decision-ready numbers. No pressure, no credentials requested.