The Best Legal Accounting Software

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Brief Accounting Screenshot

Brief Accounting

★★★★★
★★★★★
(2)
Brief Accounting is a fully integrated modular accounting program, designed specifically for the legal industry. This product has flexibility and the ease-of-use unmatched by any other legal accounting system. Brief Accounting is meant to satisfy the needs of any sized legal practice; and each module is customizable to meet your needs. This software includes the following modules: Time and Billing, including Pre-Bill and Invoicing; Trust Accounting; General Office Accounting; Accounts Receivable
Price Range
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Starting Price
$50/month
Client OS
Windows, macOS
Deployment
On-Premises
QuickBooks Online Screenshot

QuickBooks Online

★★★★★
★★★★★
(45)
QuickBooks Online is the most popular financial software on the market. This cloud-based accounting solution enables tracking of sales and expenses, generating estimates, customer management, and seamless collaboration with external accountants.
Price Range
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Starting Price
$30/month
Client OS
Web
Deployment
Cloud Hosted
Xero Screenshot

Xero

★★★★★
★★★★★
(3)
A contender against QuickBooks Online, Xero is a popular solution for its user-friendly interface, affordability, and unlimited users per subscription. It’s a cloud-based, double-entry accounting software that offers bank reconciliation, financial reporting, and basic invoicing and billing.
Price Range
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Starting Price
$13/month
Client OS
Web
Deployment
Cloud Hosted
PCLaw Screenshot

PCLaw

★★★★★
★★★★★
(2)
PCLaw is a robust legal accounting program, primarily used by law firms for time and billing management, trust accounting, and overall firm finances. It is designed to offer an all-in-one solution, integrating practice management with accounting and billing. It maintains a desktop-centric approach with limited cloud capabilities, impacting its suitability for remote or hybrid working environments. Despite its comprehensive features, PCLaw’s server-based nature and the need for physical infrastructure make it less adaptable to modern, large-scale law firm operations.
Price Range
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Starting Price
$39/user/month
Client OS
Windows, Web
Deployment
Cloud Hosted
Clio Screenshot

Clio

★★★★★
★★★★★
(2)
Clio is a web-based practice management system that is specifically designed for solo practitioners and small law firms. Your important client data is securely accessible anywhere—from your PC, your Mac, and even your iPhone. Video Overview ; Features DOCUMENT MANAGEMENT ;; BANK GRADE SECURITY ;; TIME TRACKING ;; SIMPLIFIED BILLING ;; TASK SCHEDULING ;; and 100% WEB-BASED ;. ; Collaboration Tools SECURE COLLABORATION ;; Secure ;; Online Bill Payments ;; Document Sharing ;; DOCUMENT MANAGEMENT ;;
Price Range
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Starting Price
$39/user/month
Client OS
Web
Deployment
Cloud Hosted
CosmoLex Screenshot

CosmoLex

★★★★★
★★★★★
(1)
CosmoLex is a user-friendly legal practice management software for small firms to large law practices. CosmoLex will take care of Billing, Business Accounting, Trust Accounting (IOLTA), Calendaring, Task & Document Management — all in one web-based system that is easily accessible from any computer, tablet, or even your mobile phone. CosmoLex legal billing software and timekeeping system features end-to-end, integrated coverage of all your law practice management needs — saving time, eliminating
Starting Price
$69/user/month
Client OS
Web
Deployment
Cloud Hosted
Bill4Time Screenshot

Bill4Time

★★★★★
★★★★★
(1)
Bill4Time is a time tracking and billing software built to fit any sized firm - from one user to one thousand users. In addition to time billing, it handles expense tracking, case management, document storage, scheduling, multiple security levels, automatic backups, and much more. Because Bill4Time is completely web-based, there is no need for you to invest thousands of dollars in servers, backup systems, and support contracts. Bill4Time is all about giving you more than you’re used to.
Price Range
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Starting Price
$27/user/month
Client OS
Web
Deployment
Cloud Hosted
AbacusLaw Screenshot

AbacusLaw

★★★★★
★★★★★
(5)
Unlike competing software that forces you to work within the constraints of the program, AbacusLaw is designed to let you choose how you want to practice, then configures to your unique needs. So whether you practice in one area of law or many, you seamlessly move from one matter to another. You won’t feel trapped or limited by what you can and cannot do and you’ll always have the right screens, information, rules, reports and terminology you choose for the types of matters you handle. All
Starting Price
$87/user/month
Client OS
Windows
Deployment
Cloud or On-Premises
Law Office Management System Screenshot
Law Office Management System for Windows is a fully integrated system designed specifically for law firms. It satisfies the most sophisticated financial management, case management, and document management needs of law firms from all practice areas and of all sizes. It’s powerful, flexible, reliable, and has been proven by satisfied users in demanding legal environments. The Law Office Management System for Windows includes all of the following: Time and Billing, Accounts Receivable, Management
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Starting Price
$379/user (perpetual license)
Client OS
Windows
Deployment
On-Premises
Orion Screenshot

Orion

★★★★★
★★★★★
(1)
Orion is your law firm’s complete solution to centralizing and automating your Financial Management, Firm Management, and Practice Management. This fully integrated system allows you to enter an entry once and automate the process of posting the entry to all applicable areas of the system. The Accounts Payable application of Orion gives you everything you need to record, manage, and pay for your firms expenses. Within this application it is possible to setup recurring payables, trust accounts,
Price Range
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Starting Price
$375/user (perpetual license)
Client OS
Windows, iOS, Android, Web
Deployment
Cloud or On-Premises
ESILaw 360 Screenshot

ESILaw 360

★★★★★
★★★★★
(2)
ESILaw 360 for Windows is the easiest to use, most completely integrated law office accounting, billing, and time tracking system available. Catering to small to medium sized law offices, ESILaw 360 handles all of your accounting, billing, time tracking, and office management requirements and lets you focus on your business, not your software. All transactions entered into ESILaw 360 results in the automatic update of the client and general ledgers. Reports available to you will provide you with
Price Range
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Starting Price
$745/user/year
Client OS
Windows
Deployment
Cloud or On-Premises
Aderant Expert Screenshot
Aderant Expert is a legal practice management software solution. It delivers global accounting, case and matter management, time and expense tracking, and fully-featured billing and e-billing capabilities. It incorporates outside counsel guidelines (OCGs), boosting efficiency and profit for legal practices. Overall, Aderant Expert enables firms to track critical dates, prevent missed deadlines, and get real-time updates on case statuses.
Client OS
Windows, iOS, Android, Web
Deployment
Cloud or On-Premises
Perfect Practice Screenshot

Perfect Practice

★★★★★
★★★★★
(1)
Perfect Practice Case Management integrated with Time and Billing provides your firm a solid foundation for your entire practice or business management needs. You can customize the solution as you evolve, giving your firm one solution to handle all your case management needs. Their flagship solution Total Access is a fully integrated case management, time and billing, document management and document generation solution offering a total approach to practice or business automation including: Full
Price Range
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Starting Price
$45/user/month
Client OS
Windows, Web
Deployment
Cloud or On-Premises
Legalmaster Screenshot

Legalmaster

★★★★★
★★★★★
(14)
Legalmaster is a powerful PC-based law office management software. Legalmaster has been praised by such independent reviewers as the American Bar Association (‘unmatched support’) and Price Waterhouse (‘most sophisticated’). According to The National Law Journal , Legalmaster is the oldest company in this business in the US. Time accounting and billing; Open item accounts receivable; Retainer and trust accounting; Fee splitting; Task billing; Management reporting; Revenue distribution by
Starting Price
$695 (perpetual license)
Client OS
Windows
Deployment
On-Premises
Time Matters Screenshot
Optimize your firm’s efficiencies, client service levels and competitive position. Leverage flexible practice management software to foster collaboration on matters, streamline internal processes and fuel growth through increased billable hours and profitability. Centralized Case Information; Efficient Time & Expense Capture, Plus Basic Billing; Extensive Customization Options; Broad Range of Integrations; Built-in Security; 24/7 Remote & Mobile Connectivity; and Support from the Pros. Centrally
Price Range
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Starting Price
$39/user/month
Client OS
Windows, Web
Deployment
Cloud or On-Premises
MyCase Screenshot

MyCase

★★★★★
★★★★★
(2)
MyCase provides affordable, intuitive, and powerful web-based practice management software designed for modern solo and small firm legal professionals. Get the time-saving benefits of MyCase so you can spend less time managing your practice and more time practicing law. Easily organize your cases, contacts, time tracking, billing, calendaring, and much more with this secure all-in-one solution. Video Overview Practice Management: ;; Document Management and Collaboration: ;; Workflows: ;; and
Price Range
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Starting Price
$49/user/month
Client OS
Web
Deployment
Cloud Hosted
Amicus Attorney Screenshot

Amicus Attorney

★★★★★
★★★★★
(3)
Amicus Attorney integrates with your favorite applications into a lean, mean, automated machine that improves efficiency and profitability. Designed for legal professionals who want the best, Amicus Attorney integrates practice information into a single automated system for improved efficiency and profitability. It’s superior functionality and intuitive approach, combined with an equally-powerful suite of services, is flexible and scalable for firms of all sizes. Legal Calendaring: Amicus
Client OS
Windows, Web
Deployment
Cloud Hosted
Rocket Matter Screenshot

Rocket Matter

★★★★★
★★★★★
(2)
Rocket Matter is the leading web-based law practice management software that handles legal billing, document management, trust accounting, client management, and task management. Integrates with Box, Dropbox, and Evernote. Includes iPhone, Droid, & iPad mobile editions. Rocket Matter caters to solo, small & mid-sized firms. Rocket Matter is available on a month to month subscription with no contract required. Unlimited support is included with all subscriptions. Calendaring; Task Tracking; Phone
Price Range
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Starting Price
$55/user/month
Client OS
Web
Deployment
Cloud Hosted
Legal Insight Screenshot

Legal Insight

Legal Insight is a comprehensive system addressing all aspects of law firm billing, accounting, management and reporting. It is fully integrated and is offered in modules, which include options to address the needs of individual law firms. The Legal Insight Client/Server design provides a unique blend of server-based and desktop-based performance optimization. The three-tiered approach has separate layers for presentation, business rules, and data access. The open architecture relational
Client OS
Windows
Verdict 10 Screenshot

Verdict 10

Micro Craft’s Legal Series Software has helped thousands of firms become more productive and profitable. Products include Verdict10 time and billing, LegalPad10 (a lite version of Verdict for entries only), General Ledger 8, CheckWrite 8 and Docket 9. The programs can be used alone, or be integrated. They work with all Windows operating systems through Windows 7. The Verdict program is the result of 30 years of working with thousands of firms, so it has been designed to be used in many different
Client OS
Windows

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Buyer’s Guide

Legal accounting software helps law firms track time, bill clients, manage schedules and monitor business performance with financial reports. Accounting software options that are specific to law offices will ensure confidential client information is stored properly and complies with data security laws.

Standalone legal accounting software is ideal for small firms or practices that have other software in place that can’t handle the firm’s accounting needs. For example, if you have a case management system in place that doesn’t offer accounting functionality and you don’t want to replace the existing system, standalone legal accounting software can integrate with it. Larger law firms tend to prefer solutions that handle everything. Fully integrated legal software suites will include accounting features along with other important features like practice management and time and billing.

Features of Legal Accounting Software

Feature Description
Core Accounting Includes basic accounting features including accounts payable for tracking money owed, accounts receivable for tracking outstanding invoices, and a general ledger.
Time Tracking Record billable hours as you work on tasks related to a client’s case.
Legal Billing Create invoices based on recorded billable hours and hourly rate.
Document Management Store images, files, and important documents pertaining to client cases. Documents include, but aren’t limited to, affidavits, wills, contract agreements, medical consent forms, real estate agreements, and employment agreements.
Scheduling Keep track of scheduled appointments, deadlines, and court dates. Automated reminders will be sent to you and clients to ensure important dates aren’t missed.
Reporting Pull financial reports, view cash flow statements and profit and loss statements, and monitor attorney productivity.

Billing and Time Tracking

Law firm accounting software ensures your firm stays productive and profitable by tracking billable hours in real-time as well as allowing attorneys to manually enter hours. Without time tracking functionality, your attorneys could lose track of how long they spent on tasks or forget to charge clients for time spent. Billing is directly related to the time your attorneys spend working. If clients aren’t being billed properly for your attorney’s time, the firm will lose money.

Legal accounting solutions will calculate billable hours and your preset hourly rate to create an invoice. The invoice can be sent through mail or electronically to the client. Some solutions allow clients to set up an account through a portal to pay online by credit card or through an electronic bank account transfer.

Time entry in Bill4Time
Bill4Time allows you to enter the date and time of the work, the client associated with the work, type of work done, a description of the work, and the hourly rate.

Trust Accounting

Some legal accounting solutions also handle trust accounting functionality including dispersing funds, maintaining accurate records, and printing checks. The software will also make it easy to run bank reconciliations regularly and manage client investments. Trust accounting is more specific to the legal industry; therefore, generic accounting options don’t usually offer these features.

CosmoLex trust retainer error message
CosmoLex prevents errors with popup notifications when an issue arises. For example (in the screenshot above), a transaction was prevented because there weren’t enough funds in the account.

Can QuickBooks Be Used for Legal Accounting?

QuickBooks is advertised to handle legal accounting needs. QuickBooks is a great solution for attorneys and small law firms looking for only core accounting functions like accounts payable, accounts receivable, billing and time tracking, and reporting. However, QuickBooks is not a legal industry-specific solution, so larger firms with a large caseload could find it lacking in some areas. For example, you will have to use tags to keep payments or records for each client straight. With legal accounting software, records and transactions can be automatically applied to specific client accounts, making it easier to find the information you need quickly.

There are QuickBooks resellers that are experienced with implementing it in the legal space. Some developers have custom add-ons for QuickBooks that are tailored to law firms to make up for functionality that might be lacking.

  • Demo on tracking billable time in QuickBooks.