Product
CARET Legal Practice Management Features

Our Legal Practice Management Software

Leave standalone software behind

Case Management

Manage all your cases in one place

Automated Workflows

Simplify repetitive tasks

Reporting and Analytics

Gather insights into your firm's performance

Billing, Accounting and Payments

Increase billable time and cashflow

Document Solutions

Manage your documents

Client Communication

Reach and collaborate with your clients

Prospect and Contact Management

Grow your client list

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More about our product

Why CARET Legal
CARET Analytics
What’s New
Data Security
Integrations
Mobile App
Who We Serve

Practice areas

Our Legal Software Solutions

Real Estate Law

Employment Law

Insurance Defense

Workers' Comp

Litigation

Personal Injury

Estate Planning

Intellectual Property

Criminal Law

Immigration Law

Family Law

General Practice

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Roles

Firm Admins & Office Managers

Firm Partners

Bookkeepers & Accountants

IT Professionals

Firm size

Smaller Firms

1-30 Employees

Larger Firms

30+ Employees
Resources

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Blog

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Webinars & Product Spotlights

Learn from industry experts

Legal eBooks and Industry Reports

In-depth legal insights

Customer Stories

Real perspectives from real people

Partner

Find a Partner

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Become a Partner

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Pricing

Built-in legal accounting software

CARET Legal comes with built-in accounting software that helps align financial processes and workflows to raise intra-firm standards, protect your books, and save time. Native accounting features include legal invoice automation with pre-billing, bulk and batch billing, legal trust accounting, contingency billing, and even integrated time-keeping and payment processing.

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“The full-featured accounting, which allowed us to ditch Quickbooks, is why our firm chose CARET Legal. We handle a lot of criminal defense with clients on payments plans, so having integrated accounting allows us to see our updated trust account balances in real time, which is a godsend when handling those types of cases.”

Matthew Terry

Miller and Terry, Attorneys at Law

Native & custom legal accounting reports

Quickly gain accurate insight into different billing cycles, and easily prepare end-of-year statements. CARET Legal offers robust financial reporting with nine different native reports:

General Ledger: A complete record of transactions, grouped by accounts.
Profit & Loss: Also known as an Income Statement. Shows your total income and expenses over a period of time.
Profit & Loss by Location: Profit & Loss statement view segmented by location.
Balance Sheet: A statement of the assets, liabilities, and capital at a particular point in time.
Trial Balance: A listing of the last balances for each account as of a particular date.
Chart of Accounts: A listing of all accounts used in the general ledger.
Account Reconciliation: A report listing all reconciliations.
Write-Off: A report listing all write-offs.
Firm Budgeting: A listing of current and previous budget amounts.

Certain tiered users with full accounting access will be able to create additional custom reports/cards, like Effective Rate and Accounts Receivables, via the advanced CARET Analytics Overview.

Enforce legal billing and accounting best practices

Using purposely-designed legal accounting software gives you access to powerful capabilities missing from generic solutions. Automatically improve compliance with features and permissions that safeguard against retroactive changes to closed accounting periods. Quickly gain accurate insight into different billing cycles, and easily prepare end-of-year statements. Align firm accounting processes and workflows to raise intra-firm standards and protect your books while saving time.

Manage Retainer and Trust Account Funds

Generic accounting software for law firms doesn’t make it easy to manage both retainer and trust account reporting. With CARET Legal, you can easily keep books accurate with specific capabilities like:

3-way reconciliation reporting on trust accounts
the ability to batch apply trust funds
the ability to draw checks from trust accounts vs. operating accounts
better visibility into matter-based ledger balances for risk mitigation
the ability to report on retainers based on specific matters
the ability to easily generate retainer replenishment invoices
automatic notifications when retainers drop below balance thresholds

Elevate your firm's financial integrity

CARET Legal’s Matter-to-Matter Trust Transfer feature is designed to streamline client fund management while ensuring total ethical compliance.

Eliminates the time-consuming and error-prone manual process of issuing checks or managing separate deposits.
Provides an intuitive workflow and built-in safeguards—such as automated validations that prevent over-transfers—to ensure absolute accuracy.
Transforms complex trust accounting into a seamless, transparent experience that reinforces client trust and simplifies reconciliation.

Security and compliance matters

Access and User Controls

Trust Account Compliance

Improve efficiency with legal accounting software

Are you regularly reviewing and adjusting your billing rates?

Employing different billing models can accommodate your clients’ needs and optimize revenue generation.

Are you taking advantage of embedded finance?

Get details on how to free up your lawyers and staff from doing mundane finance tasks.

Ready to take your firm further with a modern, cloud-based platform with 24/7 support?

Get started with a free, guided trial, or schedule a demo to see how our legal practice management software helps you work smarter and maximize revenue.