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What is Trustpak?

Trust accounting is a specific form of bookkeeping that concentrates exclusively on the financial transactions associated with trusts. This practice requires a trustee to carefully record all incoming and outgoing funds that belong to others, maintaining separate ledger accounts for each individual from whom the money is received or for whom it is managed. Many countries have strict regulations regarding trust accounting, often requiring independent auditors to verify adherence to these laws. Since these regulations can change unexpectedly, it is vital to keep your accounting software updated to remain compliant, as failure to do so might threaten your business's viability. Moreover, the software must be designed with user experience in mind; a complicated interface can lead to unnecessary delays in mastering its functions. At Trustpak, we emphasize simplicity by providing all relevant information for each task directly on the main screen, which facilitates efficient operation. This thoughtful design not only conserves time but also significantly boosts the productivity of individuals managing trust accounts. Ensuring that users can navigate the system with ease is essential for fostering a smooth workflow in trust management.

What is LeanLaw?

LeanLaw is a legal billing solution designed for law firms that operates seamlessly with QuickBooks Online, simplifying the management of a profitable mid-sized law firm for all participants. This software allows users to minimize the time spent on time tracking, trust accounting, and comprehensive billing, enabling them to focus more on generating billable hours and enhancing overall productivity. By streamlining these essential processes, LeanLaw helps firms operate more efficiently and effectively.

Media

Media

Integrations Supported

Integrations Supported

Confido Legal
Epona365
Gravity Payments
QuickBooks Online
QuickBooks Online Advanced

API Availability

API Availability

Has API

Pricing Information

$53 per month
Free Trial Offered?

Pricing Information

$40/month/user
Core: $40/month/user, billed annually ($50 month-to-month)

Pro: $55/month/user, billed annually ($65 month-to-month)

Complete: For firms seeking a
turn-key solution. Custom Quote.
Free Trial Offered?

Supported Platforms

Windows

Supported Platforms

SaaS
Android
iPhone

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

InfoBiz Solutions

Date Founded

2002

Company Location

Australia

Company Website

www.infobizsolutions.com

Company Facts

Organization Name

LeanLaw

Date Founded

2014

Company Location

United States

Company Website

www.leanlaw.co

Categories and Features

Trust Accounting

Activity Tracking
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Categories and Features

Law Firm Accounting

Not specified

Legal Billing

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Expense Tracking
Time Tracking

Legal Calendar

Case Defined Timekeepers
Completion Tracking

Legal Spend Management

Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Invoice Review
Legal e-Billing

Legal Time Tracking

Not specified

Matter Management

Not specified

Trust Accounting

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

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