Our Services

Law Firms

As a law firm, you understand the complexities of regulations and compliance for your clients.

IOLTAs, retainers, timekeeping, invoicing…the list of law firm accounting complexities goes on.

That’s why you also understand the need for expert finance and accounting services that never miss a single dot on the “i.”

Bay Business Group offers just that.

Professional Finance & Accounting Services

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Dedicated team members

Every client gets a dedicated CFO / controller and dedicated accountant. You’re not just another number to us.

Regular Meetings Included

Monthly financial reports and quarterly strategy sessions are included for all our clients, big or small.

Number Techies

We’re leading the charge in accounting & finance software. We’ll have your finance tech stack efficient and effective.

US-Based Office

We’re based near our nation’s capital, just south of beautiful Washington, DC.

Focused on your success

Here to help your firm grow beyond the numbers.

Our goal is not just to manage your finances, but to actively contribute to the success of your business.

Think of us as an extension of your team, offering expertise in customized financial solutions tailored to the unique challenges that law firms face.

Your Financial Partner

CFO & Controller Services

Our seasoned team offers high-level financial expertise and strategic planning to help you navigate challenges, seize opportunities, and achieve sustained growth, including:

Financial modeling
Cash flow forecasting
Budgeting

Bookkeeping

Efficiently manage your finances and reclaim your time. Rest assured that your numbers are 100% accurate, 100% of the time.

Payroll

As the owner of a law firm, payroll management shouldn’t be causing you headaches. Allow our dream team to manage timely and accurate compensation for your dream team.

Accounts Payable

From transparent documentation to efficient vendor tracking, we ensure your accounts payable processes align with (and exceed) law industry standards.

Accounts Receivable

We customize our approach to streamline invoicing, tracking, and collection processes for your law firm, ensuring accurate and transparent financial transactions.

Tax Planning

Our experts work collaboratively with you to identify opportunities for tax optimization, ensuring compliance with current tax regulations for the law industry. Let us guide you in crafting a tax strategy that not only minimizes liabilities but also maximizes resources for the growth and success of your firm.

Tax Prep

Experience stress-free tax filing for your law firm. Our team’s encyclopedic knowledge of the latest tax codes ensures thorough and accurate document preparation, every time.

Crush stress

Tax Strategy

Elevate your law firm with strategic tax planning and preparation services tailored to your unique financial goals.

law firm Assistance

Trust Account Support

Trust accounts are one of the most commonly mystifying factors in the law industry. We help answer your questions, like:

When to use each type
How to stay compliant
How your accounts work

iolta management

IOLTAs are an imperative factor in successfully managing your firm, but regulations and best practices can be fuzzy. That’s where we come in.

reconciliations

We handle three-way trust account reconciliations, keeping you up to date with the latest industry regulations and taking the worry off your plate.

Handling invoice management for the world's top law firm software.

We work with Clio to ensure your invoicing is 100% taken care of.

Testimonials

Rave reviews from companies like yours.

Key business support

I have been working with Bay Business Group for close to ten years as we’ve grown from 1 to 10 employees. They provide bookkeeping, bill pay, payroll and accounting services for my small business. They also help us navigate tricky regulations and programs involved in running a business with employees in multiple states. They’ve been a joy to work over the years and become essential members of our team. Thank you!

Extension of my team

Alicia and Kim at Bay Business Group are an extension of my team. I am better at my job because I have them supporting me. They don’t just plug in numbers and spit out reports. They are collaborators that help my team make strategic decisions on financial management, tax planning, and our firm’s operations. They also stay a step ahead on state and federal compliance so I do not have to. I could not ask for better partners. If you want the best, go talk to BBG!

Five stars!

I’ve been working with Bay Business Group for over a decade. The support my bookkeeping, company taxes, payroll and a variety of other critical functions. I can confidently say they are five stars across the board. I work specifically with Mary L as my CPA and Cathy C as my bookkeeper and payroll office. They are readily available whenever I need them and are highly skilled in their work. I trust them to provide sound advice along with way too with my business financials. One of the best business decisions I have made is working with Bay Biz

Reasonable price

Our company has been working with Bay Business Group for 17+ years. They have been knowledgeable partners helping us navigate DCAA requirements, tax filing (including several states), the latest laws effecting small businesses, retirement planning, and everyday accounting. I rely on them to keep us informed as well as compliant, and all at a very reasonable price. I’m grateful for the support their entire team provides and wouldn’t hesitate recommending them.

Always professional

BBG, and particularly Denise and Kim, have provided outstanding support to our company for years, helping us grow almost 10 fold. Always professional, experts in what they do, and wonderful people to work with!

simply awesome

I was referred to Bay Business Group in 2010 after another CPA made (very costly) mistakes on my 2008 and 2009 Federal and State Returns. Mary Leighty (CPA) has done my taxes since 2010 and I could not be more satisfied. Her work is simply awesome and her communication skills and responsiveness have taken all the stress out of tax preparation season. Thanks Mary!!!

We're upfront about our pricing.

FAQs

Don’t see your question answered here?

Give us a call and we’ll be happy to help out.

Who do you work best with?

Small to midsize law firms that want consistent, accurate books and clear financial visibility. Firms that are ready to delegate invoicing, bookkeeping, trust accounting, and reporting so the partners can focus on clients and growth.

How is law firm accounting different from regular bookkeeping?

Law firms must follow specific trust (IOLTA) rules and ethics requirements that general small-business accounting overlooks. Revenue, retainers, and client costs must be diligently tracked for profitability and compliance purposes.

Can you handle our trust/IOLTA accounting?

Yes. Services typically include recording client retainers, tracking client balances, and performing monthly three-way trust reconciliations.

What systems do you support?

Common platforms include Clio, MyCase, and similar practice management systems, integrated with QuickBooks Online. Support usually covers setup, cleanup, and workflows so time entries, billing, and accounting all tie together between the financials and the practice management system.

What services do you offer law firms?

Monthly bookkeeping, trust accounting, and financial reporting along with invoicing, bill pay, and payroll processing. Advisory support around cash flow forecasting, partner compensation, and key performance metrics so you can make informed decisions.