The outsourced service entails the capturing all invoices, payments and receipts and doing all other associated accounting functions for law firms, which further include monthly and periodic statutory compliance and submissions, reconciliation of trust and general bank accounts, monthly management accounts and reporting. This is usually a 12-month engagement between the Client and the Legal Bookkeeper, with the payment usually a fixed monthly fee for the legal bookkeeping service. This service could also include Drafting Legal Bookkeeping & Trust Accounting Policies and Procedure Manuals, as well HR and Payroll Services, with their periodic associated statutory compliance and submissions as required by law.