Accounting & Administrative Solutions for Law Firms

Ensuring Financial Accuracy & Operational Efficiency for Legal Practices

At MT Associates, we recognize the unique financial and administrative challenges that law firms face. From tracking client trust accounts to managing billable hours and ensuring compliance with industry regulations, accurate financial management is critical for maintaining a successful legal practice. Our comprehensive accounting and administrative solutions allow attorneys to focus on serving their clients while we handle the financial and operational complexities.

Legal Accounting & Financial Management

  • Full-service bookkeeping tailored for law firms

  • Trust (IOLTA) account management and reconciliation

  • Accounts payable and receivable tracking

  • Financial statement preparation and compliance reporting

  • Budgeting and financial forecasting for firm growth

Billing & Revenue Management

  • Client invoicing and collections support

  • Billable hour tracking and reconciliation

  • Retainer management and trust fund compliance

  • Expense allocation for cases and clients

  • Revenue recognition tracking for contingency-based cases

Administrative & Operational Support

  • Client contract and document management

  • Case expense tracking and reimbursement processing

  • Compliance support for legal regulations and industry standards

  • Vendor management and subscription tracking (legal research tools, software, etc.)

  • Employee payroll and benefits coordination

  • Law Firm Software Support – Expertise in Clio, MyCase, PracticePanther, TimeSolv, QuickBooks for Law Firms, and other legal billing/accounting software