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The right business and accounting firm can boost your law firm’s bottom line.

Law Firm Business and Accounting Services

Running a law firm is far more than court dates, settlements and documents. There’s a complex and essential financial side to the business that requires the attention of professionals with a specialized understanding of law firm operations. 

At Polaris Accounting & Tax LLC, our dedicated team is focused on the issues that we know really matter to you. We help you formulate the strategies that will carry your firm into the future, proactively planning for long-term growth and success. 

Our comprehensive services will provide you with the guidance you need on issues such as compensation, partner equity and succession planning while at the same time providing meticulous attention to your accounting and tax needs. Our extensive experience allows you to have confidence in the counsel we provide, allowing you to focus on the issues that your clients rely on you for.

Our goal is to be a true resource for your law firm, providing you with practical and knowledgeable expertise regarding all areas of accounting as well as practice management. 

  • Consulting regarding work-in-process billing and accounts receivable 

  • Designing accounting and reporting systems 

  • Financial reporting and controls

  • Guidance on shortcomings in receivables collection

  • Planning for retirement and succession 

  • Profitability analysis

  • Review of operating expenses and budgets

  • Services and planning regarding partner/employee compensation and benefits 

  • Strategies for business growth 

  • Tax planning and compliance

  • Transaction advisory services including M&A assistance

  • Valuation of your business 

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