TrustBooks review

TrustBooks answers the narrow question most solo attorneys actually have: how do I keep my IOLTA account compliant without learning accounting. Tier One at $59 per month maintains client ledgers, blocks a client balance from going negative, produces one-click reports and generates the three-way reconciliation that state bars expect to see in an audit. Tier Two at $79 adds the firm's operating books, with balance sheet, profit and loss and tax reports tracked at the client level. Tier Three at $249 hands bank reconciliation for one account to TrustBooks' accountants, which suits attorneys who would rather pay than reconcile. The product does not track time or send invoices, so it is meant to sit next to Clio, PracticePanther or LawPay, all of which it integrates with. That pairing is the trade-off: two systems instead of one, but a trust ledger that is purpose-built and easy for non-accountants to keep current. Price is flat per firm, with extra users at $10 each.

Who it is for

Solo and small law firms that already have practice management software and need a simple, compliant trust ledger.

Price

Trust Accounting from $59 per month; Firm & Trust Accounting $79; reconciliation service $249; extra users $10 each.

Always Maintain Client Ledgers $ 59 per month
Quoted from the vendor pricing page on November 11, 2026.

Key features

• Client trust ledgers with protection against overdrawing a client balance
• Auto-generated three-way trust reconciliation
• Unlimited trust bank accounts and one-click client and ledger reports
• Firm operating accounting with balance sheet and profit and loss reports on Tier Two
• Integrations with Clio, PracticePanther, LawPay and your bank

Strengths and weaknesses

• Strength: Built only for legal trust work, so there is no general accounting to learn
• Strength: Flat monthly price rather than a per-attorney fee
• Strength: Tier Three adds bank reconciliations done by the TrustBooks team
• Weakness: No time tracking or invoicing, so you still need billing software
• Weakness: Additional users cost $10 per user per month on Tiers One and Two
• Weakness: Done-for-you reconciliation covers one bank account and up to 100 transactions per month

Key facts

• Free trial: 14 days, no credit card
• Plans: Tier One, Tier Two, Tier Three
• Integrations: Clio, PracticePanther, LawPay, bank feeds
• Hosting: Amazon Web Services data centers, per TrustBooks

Where it ranks

TrustBooks is No. 1 in our Best Trust Accounting Software verdict.