Learn more about what we can do for you.

At Chamberlain & Good Company, we understand that law firms face unique financial and compliance challenges. From managing client trust accounts to staying ahead of bar association rules, there’s no room for error when it comes to your books. That’s where we come in.

We provide specialized bookkeeping and trust accounting services for law firms across Louisville and the surrounding areas. Whether you’re a solo practitioner or managing a multi-attorney practice, we’ll tailor our services to your needs, so you can stay compliant, focused, and financially confident.

Below are some common questions law firms ask about our services:

FAQs

General Questions

What makes legal bookkeeping different from regular bookkeeping?

Law firms have to comply with strict trust accounting rules and often manage client funds that require detailed tracking. Unlike general bookkeeping, legal bookkeeping includes client-specific ledgers, trust account reconciliations, and strict separation of funds. Errors can lead to ethical violations or even license suspension. We’re here to make sure that doesn’t happen.

Can you help with trust accounting and IOLTA compliance?

Absolutely. We specialize in trust accounting and help law firms meet all IOLTA (Interest on Lawyers’ Trust Accounts) requirements. This includes monthly three-way reconciliations, maintaining individual client ledgers, and keeping your trust funds separate from your operating accounts. We make sure your records are clean, accurate, and audit-ready.

Do you work with specific practice areas?

Yes. We support attorneys across a wide range of practice areas, including family law, personal injury, estate planning, criminal defense, corporate law, and more. Our bookkeeping services are flexible and scalable, so whether you're a solo practitioner or part of a larger firm, we’ll structure your books to reflect your unique workflow.

How often do you provide reports or reconciliations?

We typically provide monthly financial reports, bank reconciliations, and trust account reviews, but we can customize the frequency to match your firm’s needs. Staying current with your books means better decisions and less stress, especially during tax season or audits.

Can you help if our books are a mess?

Yes, and no judgment here. Many of our law firm clients come to us with messy or outdated books. We’ll perform a full cleanup, identify any compliance issues, and put systems in place to prevent future problems. The goal is to give you clarity, confidence, and clean, compliant records.

What bookkeeping software do you use for law firms?

We’re fluent in several platforms, including QuickBooks (Online and Desktop), Clio, CosmoLex, and other legal-specific systems. We’ll recommend tools that work best for your firm’s size, goals, and compliance needs. Already have a preferred system? We’ll work with it.

Is your team familiar with Kentucky Bar Association requirements?

Yes. We stay up to date with Kentucky-specific rules and trust accounting standards, so you don’t have to worry about missing anything. Our job is to make sure your books align with both state and federal guidelines.

How do we get started?

Start with a no-obligation consultation. We’ll talk through your current bookkeeping setup, identify any risks or opportunities, and create a plan tailored to your firm. Whether you need help with trust accounting, cleanup work, or ongoing support, we’re ready to help.

Let’s Keep Your Practice Protected and Profitable

When your books are in order, everything else runs smoother. Let’s take the stress out of trust accounting and put systems in place that support your growth. Contact Chamberlain & Good Company today and find out how we’ll help your law firm thrive—financially and ethically.

Chamberlain and Good Company LLC

Louisville, KY 40206
(502) 579-8650

Monday-Thursday

9:00 am to 4:00 pm EST

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