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Law Firms

Running a law firm is far more than court dates, settlements, and documents. There’s a complex and essential financial side to the business that requires the attention of professionals with a specialized understanding of law firm operations. 

At FSL Tax and Accounting, our dedicated team is focused on the issues that we know really matter to you. We help you formulate the strategies that will carry your firm into the future, proactively planning for long-term growth and success. 

Our comprehensive services will provide you with the guidance you need on issues such as compensation, partner equity, and succession planning while at the same time providing meticulous attention to your accounting, audit, and tax needs. Our extensive experience allows you to have confidence in the counsel we provide, allowing you to focus on legal services for your clients. 

We are a true resource for law firms, providing practical and knowledgeable expertise regarding all areas of accounting as well as practice management. Our services for law firms include the following:

  • Audit and assurance services
  • Consulting regarding work-in-process billing and accounts receivable
  • Designing accounting and reporting systems
  • Dispute resolution and litigation support
  • Due diligence
  • Financial position recruiting
  • Financial reporting and controls
  • Guidance on shortcomings and flaws in receivables collection
  • Implementation and ongoing support for your IT department
  • Planning for retirement and succession
  • Profitability analysis
  • Review of operating expenses and budgets
  • Services and planning regarding partner/employee compensation and benefits
  • Strategies for business growth
  • Tax planning and compliance
  • Transaction advisory services including M&A assistance
  • Valuation of your business

Contact Us Today!