LeanLaw’s intuitive, cloud-based trust accounting system powered by QuickBooks Online helps your law firm:
With continuous real-time syncing and three-way reconciliation, LeanLaw keeps your trust accounts audit-ready 24/7.
Put Your Trust Accounting on Autopilot.
With LeanLaw, trust accounting is effortless and error-free. Our automated system ensures you’re always adhering to state bar standards and ethical rules.
Effortlessly assign dedicated trust and bank accounts to each client, ensuring crystal-clear tracking of deposits and disbursements.
Keep client funds isolated from your operating accounts, maintaining the integrity of your trust accounting.
Generate client ledgers and maintain compliant bookkeeping with LeanLaw’s auto-generated trust reports.
With perpetual synchronization between bank accounts, trust accounts, and QuickBooks Online, you’ll breeze through reconciliations while adhering to state bar requirements.
See LeanLaw Trust Accounting in Action.
Say goodbye to manual mistakes. LeanLaw keeps your accounts in perfect harmony, eradicating the need for duplicate data entry and time-consuming statement reviews.
Explore the Future of Trust Accounting
Easily visualize and manage trust balances, transactions, and activity for every client and matter. It’s trust accounting–simplified.
Why LeanLaw Stands Above the Rest.
Explore all the other features the LeanLaw financial operating system offers to streamline your legal operations and reduce the workload on your team of legal professionals:
See how easy trust accounting can be with LeanLaw. Automate your processes in just a few clicks.
Feel free to contact us along your LeanLaw journey. But here are some FAQ to get you started.
LeanLaw trust accounting software has a three way reconciliation — Bank accounts, trust accounts and QuickBooks Online are in continuous sync and in-line with state bar association standards. You are well positioned for your weekly or monthly three-way reconciliation.
Even better: IOLTA accounting is built into the invoicing workflow: You can make legal trust deposits and pay invoices using from trust liability account using LeanLaw. What used to be a daunting 12-step trust accounting process in QuickBooks Online is now just a few clicks.
IOLTA is an acronym for Interest on Lawyer Trust Accounts.
First started in 1981, an IOLTA account is an account that is set up by a law firm to hold those client funds that are not large enough – or won’t be held for long enough – to justify having their own separate trust account.
LeanLaw’s Trust Accounting allows you to create and manage trust funds, track client funds, generate reports, and reconcile accounts. The feature integrates with your billing and accounting systems to provide a complete view of your trust funds and transactions.
You can generate reports on trust fund balances, transactions, and reconcile accounts. Reports can be customized based on date range, client, and other parameters.
Yes, LeanLaw’s Trust Accounting is designed to meet the ethical and legal requirements for trust fund management, ensuring that your firm’s trust accounts are always in compliance. Please be aware that each state has different requirements for IOLTA accounts.
Yes, you can manage multiple trust accounts and maintain records for each account in LeanLaw’s Trust Accounting feature.
Yes, LeanLaw’s Trust Accounting integrates with your existing billing and accounting systems, providing a comprehensive view of your trust funds and transactions.
See invoices paid 70% faster with LeanLaw’s streamlined accounting workflows. Boost collections and increase your cash flow. LeanLaw is the alternative to law practice management software.
