How we help your firm.
We offer three core services, each designed to meet distinct but interconnected needs within your firm.
Accounting Services
How we work
We start by setting up bookkeeping systems designed specifically around your law firm’s operational workflows. This isn’t one-size-fits-all bookkeeping. It’s tailored to trust account requirements, partner draw structures, and legal billing practices.
We maintain your records accurately with ongoing updates and regular check-ins to ensure nothing slips through the cracks.
Key benefits to your firm:
- Clear financial visibility into your firm’s performance and cash flow
- An accounting operations partner that grows with your firm, instead of your firm growing one employee at a time
- Clean, tax-ready books that reduce audit risk
- A business & tax advisor
The outcome:
You gain accurate, timely financial records that provide powerfully informative financial insights, driving smart, firm-sustaining business decisions.
Accounting & Money Movement
How we work
Beyond accounting, we manage the flow of money in and out of your firm. This includes accounts payable, billable expenses, trust account disbursements, payroll coordination, vendor payments, and cash flow monitoring.
Our money movement processes prevent delays and bottlenecks by automating where possible and providing hands-on oversight, so your firm stays solvent and compliant.
Benefits to your firm:
- Avoids missed or late vendor payments that can damage relationships
- Ensures cash flow is sufficient to cover payroll, rent, and other expenses
- Saves your time by reducing training, employee management, and oversight burdens
The outcome:
Streamlined money movement translates to smoother operations, stronger client relationships, increased vendor trust, and a much clearer picture of your firm’s financial health at all times.
Advisory Services
How we work
We collaborate closely with managing partners and firm leaders to align your financial management with your business goals. We provide ongoing strategic guidance, forecast profitability, and help you develop compensation models that fit your firm’s unique structure.
Benefits to your firm:
- Clear financial strategies aligned with your firm’s vision
- Clarity during growth or uncertain market conditions
- Proactive planning to avoid pitfalls and improve profitability
The outcome:
A tailored financial roadmap that supports long-term success, operational efficiency, and enhanced profitability.
Pricing
If your firm has more than $2.5 million annual revenue, your firm should be looking at your accounting and finance function just like it does most business functions: as a percentage of average revenue.
We’re transparent with our pricing:
For firms with
less than $500,000
of annual revenue
Pricing starts at $2,500/month – includes closing your books quarterly, payroll scheduling, and preparing your annual federal & state tax return.
For firms with
less than $1,000,000
of annual revenue
Pricing starts at $2,915/month – includes closing your books monthly and preparing your firm’s annual federal & state tax return.
Following our first call, we’ll build a quote specific to your firm’s requirements.
Designed to grow with you, we’ll quote you for exactly what you need. Nothing more. Here’s what that can look like:
Why choose Lancaster?
Client Testimonial
Adding Knight’s services to our operations has been tremendously helpful in streamlining our accounting, bookkeeping, and financial functions. Further, having Knight as a resource has been extremely valuable for strategic planning regarding big-picture financial outlook decisions as well as streamlining day-to-day business and accounting functions. The accuracy of Knight’s and his team’s work has been outstanding and is a huge improvement over our previous “DIY” approach. Knight has enabled us to focus more on the legal work we want to be doing and essentially outsourcing what used to be accounting and financial headaches.
Paul Zimmer
Managing Partner of Zimmer & Rens LLC (8-Attorney Firm)
Money movement in more detail
Intentionally and carefully overseeing the movement of money through your firm is critically important. Here’s why.
Why it matters to attorneys:
Need to dive deeper?
We break down everything you need to know about managing money movement in law firms (how to gain full control, avoid costly mistakes, and improve your firm’s financial health) in our free guide: Law Firm Financials for Attorneys, By Attorneys.
Take control of the numbers.
Schedule a free consultation today and see how Lancaster CPA can streamline your operations, ensure compliance, and provide the strategic clarity your firm deserves.