Accountant for Law Firms in Ramat Gan

Why do law firms choose a specialist accountant?

A law firm is not an ordinary business. Income varies by case seasonality, there are specific legal expenses, deductions for professional liability insurance, and complex reporting obligations that not every accountant is familiar with. In recent years, we have seen firms struggling with tax reporting issues because legal expenses were not properly accounted for or foreign consulting income was not recorded.

When we work with a law firm in Ramat Gan, we do not simply manage accounts. We understand your business model — from pre-set retainers, through success-based fees, to documented billable hours. All of this impacts income tax reporting and advance payment calculations.

Ben Or Cook Accountants provides personal accounting support to firms with up to 10 attorneys, as well as solo practitioners. We organize your books in a way that matches how you work — saving time and effort when filing your annual report.

Accounting Services for Law Firms in Ramat Gan

Daily Bookkeeping and Monthly Reports

We manage your accounting books in real-time — expense receipts, case file income, payroll payments for attorneys and legal assistants. The monthly report you receive from us shows you exactly where you stand: which cases generated income, what the average operating cost is, and whether you ended the month with a positive or negative result.

Most law firms we encounter do not know their numbers in real-time. They wait until year-end. Ben Or Kook provides you with monthly transparency — this helps with office management decisions, assessment of case profitability, and cash flow planning.

Annual Report and Income Tax Reporting

A law firm's annual report is a complex document. A distinction must be made between legal income (case handling), consulting income, income from office rentals, and mandatory payments such as professional insurance and professional memberships. Each category may have different tax implications.

We prepare your annual report in accordance with tax authority regulations and report on your behalf correctly. If you are a limited company, we handle the full financial report and corporate tax payments. If you are self-employed partners in a shared office, we calculate your share of income and expenses.

Tax Planning and Tax Refunds

Attorneys working as self-employed or as partners in a shared office often pay more tax than required. This happens due to lack of planning — not taking advantage of permitted expenses, not calculating tax prepayments correctly, or not reporting foreign consulting income optimally.

Ben Or Kook helps you plan for the next year. We check whether you are entitled to a tax refund, and recommend steps that can reduce your tax expense — all subject to case-by-case review.

Payroll Management and Pay Slips

If you have employed attorneys or legal assistants in your office, we handle pay slips, mandatory deductions, national insurance payments, and pension fund contributions. Each pay slip is calculated accurately, and your employment report to the tax authority and national insurance is submitted on time.