Law Firms & Professional Service

Accounting, financial and litigation support solutions for law and other professional services firms.

As an owner or executive in a professional services firm or law practice, you want to focus on your clients’ needs — especially in these challenging and volatile times. You don’t want to spend any more time than you have to on financial issues like cash flow management, financial statement preparation, or tax planning and preparation.

When you work with the professionals at KRS, you can be confident we have your back. We provide the accounting, tax, and financial services that allow your team to focus on providing the advice and counsel your clients need and expect from you.

If your firm requires assistance with the financial and accounting aspects of legal matters, we have you covered there too. Our litigation support team has years of experience and is led by Gerald Shanker, CPA, ABV/CFF. Jerry is known for his extensive track record in litigation support and business valuation. His counsel is often sought by law firms and judges for assistance with complex legal matters.

Ready to learn how we can help your law or professional services firm tackle today’s challenges and thrive? Contact us to schedule an initial consultation.

Services for Law & Professional Services Firms:

  • Cash flow trends, budgets, and forecasts
  • Compensation plans
  • Financial statement preparation
  • IRS audit representation
  • Mergers and acquisitions
  • Operational reviews
  • Partner/shareholder agreements
  • Profit improvement strategies
  • QuickBooks consulting
  • Succession planning
  • Trust account reconciliation

Litigation Support Services:

  • Asset accounting and tracing; document review
  • Assistance with deposition – preparation, attendance, testimony
  • Business valuation
  • Economic damage assessments
  • Expert witness testimony
  • Participation in settlement negotiations
  • Reconstruction of accounting/tax records
  • Review reports of other experts
  • Services for estate and gift, family law, shareholder/partner disputes, contract matters, assisting in defense of insurance claims