EXEC FINANCIALS, PLLC
Law Firms Run on Different Numbers Than Most Businesses
Trust accounting rules, partner compensation structures, unbilled time, and collection cycles don't fit a generic bookkeeping template. Generic accounting firms miss these nuances — and managing partners end up finding out the hard way, usually during a bar audit or a partner distribution dispute.
We built our systems specifically around how law firms actually operate:
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Trust and operating funds reconciled and kept separate, every month
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Partner draws and distributions tracked clearly against firm performance
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Matter and practice-area profitability, not just firm-wide P&L
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WIP and unbilled time factored into real cash flow forecasting
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Realization and collection rates tracked as a leading indicator, not an afterthought
Built for Law Firms
Financial Infrastructure for Partner-Led Firms
Exec Financials designs accounting and financial oversight specifically for law firms — giving managing partners clarity, control, and confidence in the numbers without adding another in-house hire.
Services
Core Bookkeeping
Best for small firms under $1M revenue who want clean, trust-compliant books.
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Monthly bookkeeping & reconciliations
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Trust vs. operating fund reconciliation
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Revenue accuracy & categorization
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AP & expense tracking
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Payroll & partner draw journal entries
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Month-end close
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Monthly P&L + Balance Sheet
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Email Support (48-hour response)
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Tax-ready books for CPA
Monthly Financial Oversight (Most Popular)
Best for growing firms $750K–$5M that want clarity and control over partner and practice performance.
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Everything in Core Bookkeeping
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Monthly financial review call (30–45 min)
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Cash flow guidance (next 60–90 days)
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KPI summary dashboard
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Variance analysis & trends
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Practice area profitability analysis
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Priority email support (24-hour)
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CPA coordination for taxes
Fractional Controller / CFO
Best for firms doing $3M–$20M+ that need active financial leadership at the partner level.
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Everything in Monthly Financial Oversight
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Weekly financial oversight
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Rolling 12-month cash flow forecast
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Budget vs. actuals every month
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Practice area / partner / matter profitability
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AR/AP oversight & collections acceleration
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Monthly executive summary for partners
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Quarterly strategic planning session
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Direct Slack access
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Same-day response time
Software We Support
We integrate seamlessly with the systems law firms already run on. (Not limited to below logos)
Who We Work Best With
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Litigation firms
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Transactional & corporate practices
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Family law firms
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Boutique and solo-to-small partnerships (1–20 attorneys)
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Firms managing IOLTA/trust accounts across multiple partners
Why Firms Choose Exec Financials
✔ Law firm accounting expertise
✔ Trust-compliant, audit-ready financials
✔ Proactive financial oversight, not just record-keeping
✔ Partner-level communication and reporting
✔ Scalable support as the firm grows