Your Top Tips Checklist: Best Practices for Legal and Trust Accounting for Compliance

CHECKLIST

What’s Inside?

Properly managing legal and trust accounting helps ensure accurate recordkeeping and compliance.

Download this must-have checklist of best practices, tips, and tools for efficiency and compliance. This checklist makes it easy to stay on top of your accounting, including double-entry accounting, regular audits, reconciling accounts, record retention, and clear client communication.

There isn’t anything I don’t like. Easier timekeeping and keeps the books straight because they have to match up…we switched because it includes bookkeeping and timekeeping in one program.

Andrea C. Kryszak

Kryszak & Associates, Co., LPA

Ohio

ONE END-TO-END SOLUTION

All the tools your firm needs
to run your business.

Built with the needs of modern small and mid-sized law firms in mind, CosmoLex’s legal practice management software increases efficiency and profitability.

Request demo Try for free

Legal Time & Billing
Access on-the-go time capture and easy legal billing software.

Calendaring & Task Management
Automate workflows and prioritize your tasks.

Law Firm Reporting
View robust analytics for enhanced decision-making.

Integrations
Work with tools you already use like Office 365 and Dropbox.

Accounting
Manage office and trust accounting along with your practice.

Invoicing & Online Payments
Get paid faster with accurate invoicing and convenient payment options.

Secure Client Portal
Collaborate with your clients including file sharing and eSignature.

Document Management
Centralize and store your correspondence and files in one system.

Legal Websites
Establish your digital footprint
for new law firm growth opportunities.

Simplify your practice with one tool.

Book a demo.

Book your personalized demo with a CosmoLex specialist.

Schedule now

Try for free.

No wait. No credit card. Just click to try CosmoLex for 10 days.

Get started

CosmoLex is cloud-based law practice management software that integrates trust & business accounting, time tracking, billing, email & document management, and tasks & calendaring, in a single application.

+1 866-878-6798

1100 Cornwall Road, Suite 215, Monmouth Junction, NJ 08852

USCAUK

Company

About Us Our Services Bar Affinity Partners Pricing Enterprise-Grade Security CosmoLex Careers

Support

Knowledge Base Training Classes Share Your Experience Find a Consultant New Feature Request Partner Portal

Resources

Legal Resource Library Educational Resource Center Blog

CosmoLex is part of ProfitSolv, a collection of best-in-class software solutions for professional services firms, allowing the freedom for growth and innovation. Using a product-centric and customer-first approach, ProfitSolv collaborates with firms to offer better client services.

© 2025 ProfitSolv, LLC, All rights reserved. ProfitSolv, CosmoLex, and respective logos are trademarks or registered trademarks of ProfitSolv, LLC and its affiliates. All product names and trademarks are the property of their respective owners.

Legal Privacy Policy GDPR Subscription Agreement Data Request