Simplified, Secure & Compliant Trust Accounting for Law Firms
LeanLaw puts your trust accounting on autopilot — IOLTA compliance, three-way reconciliation, and client fund tracking, all built natively inside QuickBooks Online. Stay audit-ready 24/7 without duplicate data entry or manual bank-statement review.
1,000+
law firms run on LeanLaw
70%
faster invoice collections
$61K
leaked revenue recovered per attorney each year
20–50×
ROI for a typical 10-attorney firm
Trust Accounting Errors Cost Firms Their Licenses — Not Just Money
Commingling client funds, missing reconciliations, and misappropriated retainers are the most common causes of bar complaints and license suspensions. Manual spreadsheets and disconnected software create gaps that put your firm at risk every billing cycle.
LeanLaw eliminates those gaps by running trust accounting inside the same system as your QuickBooks Online general ledger. Every deposit, disbursement, and reconciliation posts automatically — so your accounts are always accurate, always separated, and always audit-ready.
- Eliminate errors by removing duplicate data entry entirely
- Maintain strict separation of client funds from operating accounts
- Stay compliant with state bar trust accounting rules
- Accelerate cash flow and minimize accounts receivable
- See invoices paid 70% faster with end-to-end accounting workflows
Real-time trust balances synced live to QuickBooks Online
Reconciled Continuously — Not at Month-End.
Three-way reconciliation is the gold standard of trust accounting compliance — and LeanLaw automates it entirely. The moment a transaction posts anywhere, LeanLaw reconciles all three sources simultaneously so discrepancies never have time to compound.
Bank Account Statement
Every deposit and withdrawal from your trust bank account is captured and matched in real time. No manual import, no end-of-month scramble.
QuickBooks Online Trust Ledger
LeanLaw posts every trust transaction directly into QuickBooks Online as it happens — your general ledger and trust ledger are always in sync.
Individual Client Ledgers
Every client and matter has its own sub-ledger. LeanLaw tracks each balance independently and flags any discrepancy between aggregate trust and individual client totals.
LeanLaw reconciles all three sources continuously — accounts are audit-ready 24/7
Gain Total Visibility Into Trust Account Activity
From IOLTA deposits to settlement disbursements, every trust accounting capability you need is built into LeanLaw — and every transaction syncs to QuickBooks Online automatically.
Built to Keep You Bar-Compliant Every Cycle.
LeanLaw enforces IOLTA rules at every step — client funds are always separated from operating accounts, interest tracking is automatic, and your records meet bar audit requirements without extra effort.
Three-Way Reconciliation in Real Time
Continuous syncing keeps your bank statement, QuickBooks trust ledger, and individual client ledgers reconciled 24/7. Discrepancies surface immediately — not at month-end.
Individual Client Fund Tracking
Identify and track funds for each client separately. LeanLaw auto-generates client trust ledgers so you always know whose money is whose — critical for multi-client IOLTA accounts.
One-Click Disbursements & Payments
Pay invoices directly from client trust balances in one click. LeanLaw transfers funds from trust to operating, applies the payment to the matter, and updates QuickBooks — all in a single workflow.
Clients Deposit Funds Online
Clients can deposit retainer funds and replenish trust accounts online via Confido Legal integration — no checks, no delays, and every deposit posts automatically to the right matter and ledger.
Audit-Ready Reports on Demand
Generate trust account reports, client ledger histories, and reconciliation summaries whenever you need them — formatted for bar audits, client requests, or internal review.
Trust Accounting Inside the General Ledger — Not Bolted On
Most legal billing tools export to QuickBooks. LeanLaw lives inside it. Every trust deposit, disbursement, and reconciliation posts directly to your QuickBooks Online general ledger in real time — no CSV imports, no duplicate entry, no reconciliation surprises at month-end.
- Collapses the 12-step trust accounting process in QuickBooks Online into just a few clicks
- Real-time continuous syncing keeps accounts audit-ready 24/7
- Trust transactions post to the correct QuickBooks chart of accounts automatically
- Operating and trust accounts stay cleanly separated in QuickBooks
- Your bookkeeper sees everything in QuickBooks — no second system to learn
- IOLTA deposit monitoring via Confido Legal integration
#1-rated legal app in the QuickBooks Online App Store
"As a bookkeeper in the legal industry, I appreciate how well LeanLaw integrates with QuickBooks Online. It is simple to use and makes keeping up with law-firm finances far easier."
Brandy Derrick, Owner
Legal Ease Bookkeeping
What Is an IOLTA Account — and Why Does It Matter?
IOLTA stands for Interest on Lawyers Trust Accounts. Established in 1981, IOLTA accounts hold client funds that are either too small or held for too short a period to justify a separate interest-bearing account for each client. The interest earned goes to fund state-sponsored legal aid programs.
Bar rules require strict IOLTA management: client funds must never be commingled with firm operating funds, every client balance must be tracked separately, and complete records must be maintained for bar audits. Violations — even unintentional ones from accounting errors — can result in disciplinary action.
Importantly, each state has different requirements for IOLTA accounts — from minimum balance thresholds to specific reconciliation schedules and reporting formats. Generic accounting software was not built to accommodate these variations, which is why purpose-built trust accounting matters.
LeanLaw automates every IOLTA requirement so your firm stays compliant without adding administrative burden to your team.
How LeanLaw Automates IOLTA Compliance
Automatic fund separation
Client funds and firm operating funds are kept in separate QuickBooks accounts automatically — commingling is architecturally impossible.
Per-client ledger generation
LeanLaw auto-generates a ledger for each client showing every deposit, disbursement, and balance — ready for client requests or bar review.
IOLTA deposit monitoring
Integration with Confido Legal enables online retainer deposits that post to the correct IOLTA sub-ledger the moment they clear.
Reconciliation on demand
Run a full three-way reconciliation report any time — monthly for bar compliance, or on-demand when a question arises.
Audit-ready record keeping
Every transaction is timestamped, attributed to the right matter, and preserved indefinitely — so a bar audit never catches you unprepared.
"Tracking payments to specific matters was a nightmare before LeanLaw. Now everything syncs to QuickBooks automatically. We see invoices paid 70% faster."
Amanda Coughlan, Billing Coordinator
Zahn Law Group
1,000+
law firms run on LeanLaw
70%
faster invoice collections
$61K
leaked revenue recovered per attorney each year
20–50×
ROI for a typical 10-attorney firm
LeanLaw Trust Accounting — Common Questions
What is trust accounting in LeanLaw?
LeanLaw trust accounting is a cloud-based module that lets law firms manage IOLTA accounts, track client funds by matter, automate three-way reconciliation, and sync every transaction live to QuickBooks Online. Your accounts stay audit-ready and bar-compliant at all times — without manual reconciliation or duplicate data entry.
What is an IOLTA account?
IOLTA stands for Interest on Lawyers Trust Accounts. Established in 1981, IOLTA accounts hold client funds that are either too small or held for too short a time to justify a separate interest-bearing account. The interest earned goes to fund legal aid programs. LeanLaw tracks all IOLTA activity and enforces strict separation of client funds from your operating account.
How does three-way trust reconciliation work in LeanLaw?
LeanLaw automatically reconciles three data sources: your trust bank account statement, your QuickBooks Online trust ledger, and individual client sub-ledgers. The reconciliation runs continuously in real time so discrepancies surface immediately — not weeks later at month-end close.
Can LeanLaw manage multiple trust accounts?
Yes. LeanLaw supports multiple trust accounts — IOLTA, client-specific, and settlement funds — each with its own ledger, reconciliation, and reporting, all connected to QuickBooks Online.
Is LeanLaw trust accounting compliant with bar regulations?
LeanLaw is designed to help law firms maintain compliance with state bar trust accounting rules. The software enforces fund separation, generates the records required for bar audits, and supports IOLTA monitoring via Confido Legal integration. Firms should confirm specific compliance requirements with their state bar.
Can clients deposit trust funds online?
Yes. Via the Confido Legal integration, clients can deposit retainer and trust funds online. Every deposit posts automatically to the correct matter and client sub-ledger in LeanLaw and QuickBooks Online.
What reports can LeanLaw generate for trust accounting?
LeanLaw generates trust account statements, individual client ledger reports, three-way reconciliation summaries, and disbursement histories — all formatted for bar audits, client requests, or internal review.
Bulletproof Your Trust Compliance — Inside QuickBooks Online.
Join 1,000+ law firms that rely on LeanLaw for IOLTA compliance, three-way reconciliation, and real-time trust account visibility — all synced live to QuickBooks Online. See invoices paid 70% faster, starting with your first billing cycle.