Billing, Payments & Trust Accounting

Legal payment processors, time tracking, trust/IOLTA accounting, and bookkeeping tools — get paid properly and stay compliant.

What ModernLawOffice Covers

MLO Phase 1 includes billing & subscriptions for MLO's own billing. Client payment processing is roadmap Phase 3.

Legal Payment Processors

Trust-compliant payment processing that auto-splits between trust and operating accounts.

Custom Pricing

ABA-endorsed legal payment processor with automatic trust/operating account splitting.

Best for: Any firm handling client retainers or trust funds

2.95% credit / 0.5% ACH

Legal-Specific

Actionable Next Step

If you hold client retainers, use LawPay or Headnote for auto trust/operating split. Never use Venmo or Cash App for client payments.

Track billable hours as you work, not at the end of the day. Every missed entry is lost revenue.

Tools coming soon. Check back after our database is seeded.

Actionable Next Step

If you bill hourly, use your practice management software built-in timer. Otherwise, Toggl (free) works.

Trust accounting errors get attorneys disbarred. Use purpose-built tools for IOLTA compliance.

Tools coming soon. Check back after our database is seeded.

Actionable Next Step

CosmoLex ($79/mo) combines practice management and trust accounting. If using QuickBooks, add TrustBooks ($29/mo).

Track revenue, expenses, and profitability. 15 minutes of weekly bookkeeping prevents a painful year-end scramble.

Tools coming soon. Check back after our database is seeded.

Actionable Next Step

Start with QuickBooks Online ($30/mo). Connect bank accounts. Categorize transactions weekly.