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iStock_000008590305XSmallLegal Accounting Bureau Ltd offers outsourced administration support to busy legal professionals, from a cost-effective alternative to managing your trust account and practice account in-house to taking charge of your timesheets. Our team combines more than 20 years' experience with software, juniorPartner, which is designed specifically for the New Zealand market.

Legal Accounting Bureau Ltd (L.A.B.) is here to save you time and money. That’s why so many Law Firms and Barristers choose to outsource these critical functions to L.A.B. As at January 2012 - 29 Law Firms outsource the management of their trust account to LAB.

We provide a comprehensive accounting service for small to medium sized law practices throughout New Zealand. It does not matter where you are located in New Zealand, we can manage your trust account and practice account for you. It requires no capital outlay on software, hardware or trained staff to set up and manage.

OUTSOURCING THE MANAGEMENT OF YOUR FIRMS TRUST ACCOUNT HAS MANY ADVANTAGES

  • Never have to worry about staff leaving or becoming sick
  • You do not have to purchase any software at all
  • We offer total management of your Trust Account, and Savings Account from data entry to daily and month end reconciliations
  • We can manage your Practice Account cashbook  
  • We enter your daily timesheets
  • We produce monthly accounts receivable statements
  • Month end reconciliation of trust account and term deposit account to satisfy NZLS requirements
  • Always file your month end certificate on time
  • General advice and guidance relating to the management of your trust account
  • Always know your trust account is balanced
  • Continuity of workflow
  • Existing hardware can be used elsewhere
  • We are trusted professionals with over 20 years experience in the management of trust accounts
  • Our service is completely secure and confidential
  • Never have to worry about failing to back up again - our system is backed up every day
  • We offer 24/7 online access to your data

Managing your trust account is an essential task for all solicitors, yet the demands it places on your business, particularly for the sole practitioner can be a source of frustration, lost time and cost and can limit your ability to focus on your core functions. In-depth knowledge and accurate data entry are required to manage your trust account to meet NZLS trust account rules and comply in terms of filing monthly certificates. Given the importance of having your trust account managed to the highest standards at all times, it is easy to see why so many New Zealand Law Firms choose to outsource this very important function to Legal Accounting Bureau Limited.

BARRISTERS ONLY PRACTICES

  • How much time to you spend keeping track of your time?
  • Simply send your written sheets into us and we'll take care of the rest
  • At any time via the internet or by simply contacting us, you can have Work in Progress reports at your fingertips showing all unbilled time for any given client at any given time.
  • Save time and money so you can focus on your work.
  • Let us also manage your Practice Account - take the headache out of GST returns and make your Accountants job much easier at year end.

Our Bureau provides a comprehensive outsourced administration support service for busy legal professionals, throughout New Zealand. We build our service around your needs. Our staff are totally professional, very experienced, helpful and friendly. We pride ourselves on becoming a valuable part of your business.