Accounting for law firm consultants

While you keep law firms running efficiently, we’ll do the same with your accounts

Just as you’ll be offering your clients advice on the most efficient strategies for growth and day-to-day practice, we’ll be offering you peace of mind and ideas for growth within your accounts.

What we’ll assist you with

You can give us as much, or as little, responsibility as you’d like. For you, we can:

• keep a track of all your expenses
• prepare and send bills to your clients
• prepare and submit VAT returns for you
• prepare and send your consultancy invoices
• assist with any staff you may have on your payroll

Keep consultancy income and expenses easy to follow

Your accounting records should help you see what has been invoiced, what has been paid and which costs relate to your consultancy work. Maintaining supporting invoices and expense information gives your bookkeeper a clearer starting point and makes outstanding questions easier to resolve.

Agree the support around your working arrangements

Tell us how you operate, who you invoice, which accounting software you use and whether you have employees. We can discuss which bookkeeping, invoicing, VAT and payroll tasks you want help with, and which work is already handled elsewhere.

A clear handover and reporting routine

Agree how often records will be provided and what information you want back. This could include a view of income, expenses and outstanding invoices, within the service scope agreed for your business.

For related support, explore our VAT return service and year-end accounts. Contact My Legal Cashier to discuss your consultancy accounting requirements.