Purpose-built for law firms, in-house legal departments, and alternative legal service providers. Nexus handles matter-based billing, IOLTA trust accounting, disbursements, and partner distributions — with the rigor the profession demands.
IOLTA and client trust accounts are subject to strict state bar rules. A single accounting error can result in bar discipline, client harm, and reputational damage. Most accounting systems aren't built for the three-way reconciliation trust accounting requires.
Legal revenue doesn't fit standard billing models. Contingency fees, hourly matters, flat fees, and hybrid arrangements all require different recognition approaches — and the WIP valuation for each is complex.
Calculating partner draws, capital accounts, and equity distributions accurately and fairly is one of the most sensitive financial processes in any law firm. Errors damage partner relationships.
State Bar trust accounting rules (all 50 states)
GAAP (partnership and professional services)
IRS (partnership tax, 1099 vendor payments)
Zero trust
account compliance violations
Realization rates
improved by 15% through real-time WIP visibility
Partner distribution
calculations completed in hours, not days
See how Plurafi handles your industry's complexity