Accountant for Lawyers and Law Firms
Law firm accounting, including trust accounts
LeComptable.ca helps lawyers in private practice and law firms across Canada with their accounting and taxes. We handle your bookkeeping, the follow-up of your trust accounts, your sales tax returns and your taxes.
Billing and collections, disbursements, partner compensation, sole practice or professional corporation: we help you keep compliant books and optimized taxes. Online service, with packages from $150 per month.
Our accounting services for lawyers and law firms
Bookkeeping
Accurate bookkeeping that meets legal standards and your law society’s requirements.
Trust account management
Compliance with the strict rules that apply to trust accounts, with detailed follow-up that meets your professional obligations.
Tax planning for lawyers
Lower taxes with a tailored tax strategy for your legal structure.
Tax returns and legal compliance
We take care of all your tax obligations, including income tax returns, GST/HST and QST and the obligations specific to law firms.
Payroll and employer contributions
If you have a team, we handle wages, deductions and regulatory obligations.
Why choose LeComptable.ca for your law firm?
Accounting focused on lawyers
We understand the tax and accounting specifics of the legal sector, including trust accounts and work in progress.
Law society compliance
Our services follow the strict accounting rules that apply to lawyers and law firms.
Digital tools for simpler management
Access your accounting in real time, with digital tools suited to lawyers.
Frequently asked questions about accounting for lawyers
Why does a lawyer need a specialized accountant?
Lawyers have specific accounting obligations, including trust account management and tax rules specific to their profession.
How can a lawyer reduce taxes?
Our tax team helps you reduce your tax bill with strategies suited to your legal structure and the way you are paid.
What do your services for lawyers include?
- Rigorous bookkeeping for your general and trust accounts
- Monthly trust account reconciliations
- Financial statements and tax returns
- Tax planning for you and your firm
Do you offer remote accounting services for law firms?
Yes. Our service is 100% online, with real-time follow-up and easy access to our team at any time.
What are the main tax obligations of lawyers?
- Income tax and GST/HST (and QST in Québec) returns
- Trust account management
- Compliance with law society rules
- Rigorous bookkeeping
Can you handle a lawyer’s trust accounting?
Yes. We keep the accounting of your trust accounts separate from your firm’s and prepare the monthly reconciliations, to help you meet your law society’s record-keeping and accounting requirements (for example, the Barreau du Québec or the Law Society of Ontario).
How much does an accountant cost for a law firm?
Our packages start at $150 per month (bookkeeping, sales tax returns and simplified financial statements), then $250 and $500 per month depending on the size of the firm. The corporate tax return is $500 + tax for package clients. See our pricing page.
