Personal injury firms

Is your trust account actually balanced?

A fixed fee review of your trust account, case costs, account structure, and profitability. Ten business days, $2,000.

Most PI firm owners cannot answer that question with a number. The bank balance looks fine, the bookkeeper says it is handled, and the client ledger has not been tied to either one in months. That gap is where bar complaints come from.

The PI Firm Financial Health Check answers it in 10 business days for a flat $2,000.

Book a health checkReport delivered within 10 business days

Diagnostic brief

PI Firm Financial Health Check

Scope: Trust and firm financials
Turnaround: 10 business days
Fee: $2,000 flat

The review

What you get

Know if your trust account is actually balanced.

Not whether the bank balance looks right. Whether the bank, your books, and your client ledger all agree. If they do not, you find out by how much and what caused it.

Find out what your firm is owed.

What you have advanced on cases, whether it is sitting on your balance sheet as a receivable or buried in your profit and loss as an expense, and whether any of it can be traced back to a matter. If it cannot, your books are understating what the firm is worth.

See if your books can answer the questions you ask them.

Most personal injury firms are working from a chart of accounts a generalist set up years ago. That is usually why nobody can tell which case types are actually worth the marketing spend.

Know what you actually keep.

Marketing as a share of fee revenue, staffing cost per revenue dollar, and real operating margin once your own compensation is normalized. We also map your revenue timing, because settlement cadence makes any single month misleading on its own, and show where your ratios land against the personal injury firms we work with.

The process

How it works

You send us the exports

We tell you exactly which ones.

We do the work.

You get a written report plus a 45 minute readout call.

The 10 business day clock starts when the documents arrive, not when the agreement is signed.

Your report

What you walk away with

One page that answers the question. Four areas, each rated green, yellow, or red, each with the number attached. If your trust account is out of balance, you see by how much and what caused it. If your case costs cannot be traced to a matter, you see that too.

Behind that page is the work itself. The reconciliation, the account detail, the ratios. That is what your bookkeeper fixes from, and it is what makes the first page something you can act on rather than something you have to take on faith.

How long it runs depends on what we find. Clean books need less explaining.

Here is the first page of a sample report. The firm is fictional and so are the numbers.

Financial Health Check

Sample Injury Law, PLLC

Period ended July 31, 2026

Trust account

RED

$18,412 out

The client ledger exceeds the trust bank balance. Three deposits were never allocated to a matter.

Case cost treatment

RED

$412,380

Advanced costs are expensed to the P&L rather than held as a receivable, and cannot be traced to individual matters.

Chart of accounts

YELLOW

Needs work

Fee revenue is recorded on a single line. Case type profitability cannot be determined from the current structure.

Profitability

YELLOW

21% to marketing

Operating margin is 11% once owner compensation is normalized, below the range we typically see.

Do these three things first

1Allocate the three unassigned trust deposits One-time fix
2Move advanced costs to a balance sheet receivable Ongoing process
3Split fee revenue by case type One-time fix

Sample report. Fictional firm, fictional figures. No client information appears in it.

Full sample report

See the whole thing

The full sample report runs five pages. The first one is above. The rest is the work behind it: the reconciliation itself, the account detail, the ratios, and the ranked list of what to fix first. Send it to yourself.

Clean books

What if the books are clean?

Then you get that in writing, and you can stop wondering. Some firms use the report to document that they are in good standing.

Pricing

$2,000

Flat fee

Flat $2,000. No hourly billing. No scope creep.

If the firm engages Mana Accounting & Advisory for ongoing accounting within 60 days, the full $2,000 is credited against the first engagement.

Book a health check

Book a call to discuss the PI Firm Financial Health Check.

We will discuss the records needed and whether the health check is appropriate for your firm.

Book a health check