Law firms in Northern Virginia, Washington DC, and Maryland need a local CPA who understands law firm accounting, trust accounting, and legal industry cash flow. Akumen Accounting Group helps keep your finances compliant, profitable, and audit-ready.
Akumen Accounting Group is a small, responsive CPA firm serving solo attorneys and small to mid-sized law firms across Northern Virginia, DC, and Maryland. We understand the unique challenges of legal practices, such as client trust accounting, partner compensation, realization rates, and collections, and we build accounting systems that give firm owners clear visibility into profitability and cash flow.
Talk to a law firm CPA today
Ready to simplify your law firm’s bookkeeping, trust accounting, and taxes? Schedule a consultation with a local CPA who understands how modern law firms operate and grow.
Akumen Accounting Group offers a comprehensive suite of services designed specifically for law firms that want clean books, compliant trust accounting, and proactive tax planning.
Law firms need bookkeeping that tracks client matters, retainers, and fee arrangements, not just generic income and expenses. Akumen structures your accounting to mirror how you bill, collect, and pay attorneys so you can see exactly where your firm is making money.
Key Services:
Client trust accounting is one of the most sensitive areas of law firm compliance. Errors can lead to bar complaints and disciplinary action. Akumen helps you design and maintain a trust accounting process that aligns with IOLTA and state bar requirements.
Key Services:
As law firms grow, partner compensation, equity allocations, and performance metrics become increasingly important. Akumen develops reporting that helps managing partners understand profitability by practice area, attorney, and matter.
Key Services:
Law firms often balance a mix of partners, associates, of counsel, and staff with different compensation models. Akumen coordinates payroll and accounting so wages, bonuses, and benefits are recorded correctly for both tax and management reporting.
Key Services:
Law firms and their owners face complex tax issues involving entity choice, partner allocations, multi-state activity, and retirement planning. Akumen combines law firm accounting expertise with proactive business and personal tax strategies.
Key Services:
Akumen Accounting Group works closely with law firms to provide tailored accounting, bookkeeping, and financial advisory services that address the unique challenges of running a legal practice. With deep expertise in legal accounting, trust and escrow management, and firm financial reporting, we help our clients streamline operations, improve financial visibility, and make informed decisions. From day-to-day bookkeeping to strategic tax planning and financial guidance, our team ensures that law firms can focus on serving clients while we handle the numbers with accuracy, compliance, and insight.
Give your law firm the confidence of a well-structured accounting system and proactive tax planning strategy. Contact Akumen Accounting Group today to request a consultation and discover how a local CPA focused on law firms can support your practice’s growth and financial health.