Top 7 Estate Tracking Software for Law Firms in 2026

Most platforms offer some functionality to generate legal invoices, but this process, too, can vary in sophistication. Another common mistake is choosing technology that will serve your law firm’s needs today without regarding the future. The platform offers a variety of helpful integrations, including with Quickbooks, NetDocuments, AccountEdge, and LawPay. It also has a mobile platform in addition to the traditional desktop model. Soluno is a dedicated financial platform that provides more in-depth accounting features and Bookkeeping for Law Firms reporting. Many case management platforms offer ways to communicate directly with the client through the platform.

QuickBooks Capabilities for Law Firm Accounting

It eliminates the need for redundant “legacy” storage licenses and expensive third-party integrations. Standard SharePoint search is limited without complex configuration. PageLightPrime enhances search by integrating Optical Character Recognition (OCR) and advanced legal indexing across all matter content.

How to Track Litigation Case Progress & Deadlines More Effectively

• That setup can cover accounting, billing, and compliance in one place.
• You can see where your lawyers are spending their time, how quickly you’re closing invoices, and more.
• Detailed guides, customer support, and training sessions are often available to assist law firms in adapting to the new system efficiently.
• Good legal billing software can automate many of these time-consuming tasks and improve accuracy in your finances.
• Selecting the optimal estate tracking software is a critical decision for law firms in 2026.
• This evaluation should also include a review of how partner compensation is structured.

Law firms frequently pay for client-related expenses upfront, such as court fees, deposition transcripts, or travel costs, and bill them back later. These reimbursable costs must be tracked by the client and matter, not lumped in with general business expenses. This matters because small errors, such as forgotten entries or misbilled hours, can accumulate. Integration not only saves time but also improves cash flow and reduces billing disputes. If you track time in one system and invoice from another, you are likely losing billable hours.

Effortless Invoicing

Using a unified system can provide your law firm with improved efficiency and better data management, all while offering continuous support as your firm scales. This solution focuses on automating workflows and processes, from documentation creation to management of billing cycles. For example, Actionstep uses matter-based billing to quickly create billing reports and invoices.

• With real-time financial insights and multi-user access, Xero helps firms stay on top of cash flow without getting bogged down in spreadsheets.
• It’s the only legal software platform that includes all three of these main pillars to running a law practice.
• Elite is the only AI-powered SaaS platform at the heart of the world’s top law firms with embedded Financial, Invoice, Time, and Data Management solutions.
• Some standalone legal billing software platforms integrate with separate legal practice management software.
• In addition to the financial cost, there is a major time investment your team will make to train and become familiar with the new software.
• The physical transfer of Designated Client Money is a multi-step process that must be legally sound.

Server-Based vs Cloud-Based Software

Although it’s not built specifically for law firms, its easy-to-use interface and automation features make financial management less time-consuming. It’s a good option for firms that don’t require complex trust accounting but need an efficient way to handle billing and expenses. Tabs3 is part of the Tabs3/PracticeMaster suite of law firm software. A solo practitioner managing basic invoicing and trust accounting will not need the same tools as a growing litigation firm with multiple billers. The best accounting software for your firm depends on how you bill, how many matters you handle, and how much time you want to spend managing compliance.