Our Approach to Law Firm Financial Management
MJL Accounting Solutions specializes in helping solo practitioners and small law firms overcome their financial challenges. With a focus on bookkeeping and strategic planning, we aim to assist attorneys in boosting profitability, reducing expenses, minimizing tax liabilities, and simplifying their financial management.
We understand that managing the bookkeeping aspects of a law firm can be challenging and time-consuming. From handling complex IOLTA/Trust Accounts to billing, invoicing, and time management, inaccuracies in your books can lead to various problems, such as cash flow issues, higher tax obligations, IRS audits, and hefty penalties.
Our mission is to help you streamline these processes, ensuring accuracy, efficiency, and compliance within your firm. By taking the burden of bookkeeping off your plate, you have more time to focus on delivering exceptional legal services to your clients.
Efficient Solutions for Your Law Firm's Success
While financial management is crucial, dedicating time to bookkeeping limits opportunities to boost revenue and strengthen client relationships.
Beyond data entry, we learn about your practice, goals, and challenges and work with you to develop solutions to help it grow. We closely monitor KPIs, to help you identify areas for improvement and make data-driven decisions.
We also ensure your firm complies with IOLTA/Trust Account regulations, providing accurate trust accounting and fund management services.
How MJL Accounting Solutions Improves Overall Efficiency For Lawyers:
Eliminate the administrative burden of bookkeeping, allowing you to concentrate on clients and increase revenue.
Ensure compliance with the IRS and Trust Account rules and regulations, granting you peace of mind.
Access real-time financial reports that offer insights into your law firm's financial health, empowering better business decisions.
Provide your accountant or CPA with precise and accurate financial reports for a stress-free tax season.
Ensure timely payments with automated invoicing and billing processes.
Navigating Financial Clarity Together
MJL ACCOUNTING
SOLUTIONS
CONTACT INFO
6100 Lake Ellenor Drive, Suite 151 #1412
Orlando, FL 32809
Email: Info@mjlaccountingsolutions.com
Tel: 407-349-7275
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