For solo and small law firms

Your books should be as buttoned-up as your motions.

Chamber CPAs & Advisors provides accounting, tax, and advisory services tailored to law firms. We manage IOLTA reconciliation, partner compensation, bookkeeping, tax compliance, and proactive planning so you can focus on practicing law. Our team helps firm owners improve profitability, strengthen financial reporting.

If any of these sound familiar, we should talk

·       Your IOLTA reconciliation is one State Bar audit away from becoming a problem.

·       Your partner compensation structure was set years ago and hasn’t been revisited.

·       You consistently write six-figure tax payments each April without clear visibility into why.

·       Your monthly financials don’t clearly show whether the firm is actually profitable.

·       You are considering adding or exiting a partner, but no one has modeled the impact.

 

What we do for law firms

·       Trust Accounting & IOLTA Reconciliation: State Bar–compliant and audit-ready.

·       Operating Accounting for Legal Practices: Chart of accounts designed for firms—by matter, practice area, and partner where needed.

·       Partner Compensation Planning: S-corp salary calibration, distribution strategy, and K-1 modeling.

·       Tax Strategy & CFO Advisory: Proactive planning aligned to estimated payments and firm performance.

·       Practice-Level KPIs Reporting: Realization, utilization, collections, and AR aging—metrics that drive decisions.

·       Partner Transitions: Buy-in and buy-out modeling for structured ownership changes.

·       Compliance & Regulatory Filings: Entity, payroll, and ongoing state compliance requirements.

·       IRS & State Notice Support: Representation and resolution when correspondence arrives.

·       Real Estate Entity Structuring: For firms that own their office property, including rent structure and depreciation strategy.

·       Practice Management System Support: Setup and integration of platforms such as Clio, MyCase, PracticePanther, Smokeball, CosmoLex, Filevine, and others.

 

Why law firms pick Chamber CPAs

Most CPAs treat your firm like any other small business. It isn't. Trust accounting has rules that a generalist can break by accident. Partner economics need a CPA who understands what a drawing is and isn't. And the real-estate piece — the partner who owns the building and rents it back to the firm — is where most generalists either miss savings or create audit risk.

 

What you'll pay

Flat monthly fee, set after the diagnostic. Most solo and small law firms land between $750 and $2,500 a month for everything — bookkeeping, tax planning, year-end filings, and the calls in between. No surprise invoices for a question.

 

Process

Free Discovery Call: A high-level discussion to understand your portfolio, income structure, and planning priorities.

Free Diagnostic: We review last two years of your tax returns and current books, then provide a written assessment outlining what may be costing you, planning opportunities, and recommended changes.

Onboarding: If we proceed, we transition your accounting system, organize your books, and bring financial records current by the following month-end.

 

FAQ

Do you handle our IOLTA reconciliation or just review it?

We handle it monthly. A full three-way reconciliation is performed across the bank statement, trust bookkeeping ledger, and client matter ledger. You receive an audit-ready reconciliation report, along with supporting documentation, suitable for direct review by a State Bar examiner if requested.

Can you work with our existing law-practice management software?

Yes — Clio, MyCase, PracticePanther, LeanLaw, Tabs3. We map them into the bookkeeping cleanly, so you don't have to re-enter anything.

We're a single-member firm. Are we too small?

No. About a third of our law-firm clients are solo. The smaller the firm, the more the right S-corp setup matters.

You should not be guessing what you owe.

Book a 20-minute discovery call. No pitch deck. No commitment.

Book a call