Actionstep legal accounting
Legal Accounting Software Intentionally Designed for Law Firms
Capture more time. Organize your accounting. Bill faster than ever.
Get total financial clarity and compliance confidence with legal accounting software designed specifically for law firms. No extra tools. No generic workarounds. Just powerful, standalone accounting that helps your firm run smarter.
Specialized legal accounting
Actionstep Legal Accounting is a standalone legal accounting system that helps your firm manage trust, client, and office accounting from one platform. Unlike generic accounting software, Actionstep is purpose-built for legal professionals. That means compliance features come standard, billing is matter-based, and your financial reports are actually relevant to law firm operations.
Our Legal Accounting platform is trusted by hundreds of law firms across North America because of its ease of use, customer support, and ability to adapt to your law firm’s specific workflows. Whether your law firm is moving on from outdated software or just starting to scale, Actionstep Legal Accounting makes your back-office operations simpler, faster, and more secure.
What is legal accounting software?
Legal accounting software is the heart of a law firm’s financial operations. It combines tools for:
- Law Firm Accounting
- Time and Expense Tracking
- Billing
- Contact Management
- Trust Banking
- Financial Reporting
Actionstep Legal Accounting’s financial features and best-in-class trust accounting puts your firm’s essential functions in one place. No need for additional accounting packages or tools.
How Actionstep Legal Accounting works for your law firm
Run your law firm’s financial processes like clockwork. Ensure financial accuracy and reduce the manual effort of accounting operations with a complete financial suite of law firm accounting tools.
Operational Accounting
Track firm finances with a robust general ledger, client ledger, and chart of accounts—all structured for legal industry use.
AccountingTrust Accounting
Protect client funds and stay compliant with local trust accounting rules. Perform three-way trust reconciliations, manage multiple trust accounts, and generate trust reports with ease.
Trust AccountingTime & Expense Tracking
Record billable time and internal firm expenses with ease. Keep client costs accurate and firm spending under control. Track lawyer activity and compensation with productivity reports.
Time TrackingFinancial Reporting
Access real-time financial insights that matter to law firms like trust balances, WIP, AR aging, profit and loss, and more.
Financial ReportingMatter-Based Billing
Reduce billing administration headaches. Generate compliant invoices linked to matters, clients, and fee earners. Bill hourly, fixed fee, or retainer, and automate recurring billing and reminders with custom billing arrangements and robust processing.
BillingJurisdictional Compliance
Have confidence that regulatory, professional, ethical, and financial compliance is covered. No matter your location in North America, Actionstep Legal Accounting supports your trust and client accounting requirements.
Compliance
Intuitive, audit-ready legal accounting
Run your legal business with total visibility into your firm’s financial health with fully integrated general ledger, best-in-class trust accounting, and real-time reporting.
- General Ledger
- Trust & Retainer Accounting
- Three-Way Bank Reconciliation
- Audit Trails & Compliance tools
- Financial Statements & Reports
- Accounts Payable
- Vendor Management
- Client Cost Recovery
- Cash, Accrual, & Hybrid Accounting Support
Bill faster, smarter, and with total confidence
Generate invoices with flexibility, accuracy, and control. Automate time and expense capture, streamline invoice approvals, and give clients professional bills – all while staying compliant with all legal and tax requirements.
- Flexible Invoice Templates & Formats
- Pre-Bill Drafts & Approvals
- Time & Expense Capture
- Split & Consolidated Billing
- Tax & Interest Rules
- Disbursement Tracking
- eBilling & LEDES Compliance
- Trust & Retainer
Ensure healthy cashflow and balances
Manage cashflow and reduce collections administration with accurate, real-time debtor reports, automated client reminders, and client-friendly payment tools.
- Client Statements
- Automated Collection Reminders
- Aged Receivables
- Check/Cheque Management
- Vendor Invoices, Payments & Credits
Trusted by 4,500+ leading law firms
Supports Canadian Law Firms
Get everything you need to stay compliant with Canadian tax regulations; HST/GST/PST, trust reconciliation, and more, all powered by a platform with proud Canadian roots.
Take control of your back-office operations
A robust cloud-based suite of accounting, billing, and time tracking features created by a deep understanding of the unique challenges and needs of law firms. Get access to best-in-class trust accounting, expense/disbursement tracking, audit-ready reports, and more.
Built for Legal. Made for Growth.
Legal accounting isn’t just bookkeeping. It’s compliance, ethics, and client trust. Actionstep Legal Accounting is:
Purpose-Built for Law Firms
No confusing workarounds or plug-ins—just the features legal professionals actually need.
Easy to Implement
Our specialist conversions team can convert your data and get your firm set up fast. We have converted hundreds of firms coming from systems like PCLaw, Tabs3, Cosmolex, and more.
Cloud-Based Reliability
No costly on-premise servers, no time-wasting workarounds. Whether you use Windows, MacOS, or Linux, Actionstep Legal Accounting has the power to connect from anywhere, and integrate with your preferred legal software.
Made to Connect
Integrate your most-used business tools with the Legal Accounting platform.
Integrate with Actionstep Practice Management
Actionstep Legal Accounting supports your billing and accounting team in managing the business side of law, while Actionstep Practice Management empowers your front office to focus on delivering legal services. Together, they create a seamless workflow from client intake to invoice—bringing new efficiency to every part of your firm.
What the integration does:
- Syncs contacts and clients bi-directionally
- Syncs matter creation from Practice Management to Legal Accounting
- Enables billing from time entries
- Provides real-time access to legal accounting balances in Practice Management
If you want to learn more about using both platforms, connect with our team.
Upgrade to legal accounting software that works the way law firms operate
Whether you’re outgrowing your current system, adding new offices, or just tired of stitching together spreadsheets, Actionstep gives you the legal accounting foundation your firm needs to stay profitable and compliant.
Legal Accounting FAQ
Who we help
Take control of your firm’s success. Actionstep grows and evolves with your firm, supporting all practice areas and legal expertise.
Insights, best practices, and education on running your law firm with a practice management platform.
