We specialize in the unique accounting needs of law firms: trust accounting compliance, partner equity tracking, and profitability analysis that helps you run a more profitable practice.
Headquartered in Colorado, serving businesses nationwide.
We understand the unique challenges law firms & legal practices businesses face every day.
Trust account reconciliation consuming hours every month?
Partner draws and distributions creating confusion?
High accounts receivable with aging collections?
Uncertain about tax optimization strategies for the firm?
Our specialized approach ensures your business thrives financially.
Full trust account management, three-way reconciliation, and bar association compliance to keep your license protected.
Track equity, profit allocations, draws, and committed to payments for multi-partner firms.
Revenue per attorney, realization rates, and collection analysis to improve profitability.
Aging analysis, collection strategies, and WIP tracking for improved cash flow.
S-Corp optimization, retirement planning, and quarterly estimated tax strategies for law firm owners.
Financial modeling for associate hires, office expansion, and practice acquisitions.
"Finally, an accounting firm that understands trust accounting and law firm economics. Our IOLTA reconciliation is thorough and partner distributions are transparent."
Common questions about our law firms & legal practices accounting services.
Join the law firms & legal practices businesses who trust Centennial Accounting Group to handle their financial needs. Get your free tax and books review today.
No obligation • 30-minute call • Personalized advice
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