WHO WE ARE
Built Inside Law Firms. Now Supporting Them.
We’ve led finance and operations within growing law firms — including serving as Director of Finance and Interim COO in a 100+ person organization.
Today, we help law-firm owners build clean books, stronger controls, and decision-ready reporting without the need of a full-time hire.
ABOUT US
Monks Advisory helps law firms move from reactive bookkeeping to structured financial systems—so leaders can see what’s happening, stay compliant, and make decisions with confidence.
We combine clean monthly close, trust/IOLTA discipline, and management reporting that actually gets used.
Steven Monks
Founder, Monks Advisory
Steven Monks works with growing law firms to build financial systems that are disciplined, transparent, and built to scale. With experience supporting partner-level reporting, compensation modeling, and trust accounting oversight, he helps move from reactive bookkeeping to structured financial leadership.
Today, through Monks Advisory, Steven partners directly with law-firm owners to:
Establish clean bookkeeping, reconciliations, and a reliable monthly close
Build leadership dashboards (cash, WIP, profitability, KPIs) that drive weekly decisions
Strengthen internal controls and trust/IOLTA protocols to reduce compliance risk
Serve as a fractional Controller—owning reporting integrity, financial accuracy, compensation modeling, and disciplined operational execution
Operate as the fractional CFO level when needed—leading forecasting, strategy discussions, and direct partner advisory
OUR APPROACH
We start with clear fundamentals, then build the reporting and controls that let you scale with confidence.
Stabilize the Close — Clean books, reconciliations, and month-end done right
Make Reporting Useful — Dashboards and KPIs that leadership actually uses
Strengthen Controls — Trust/IOLTA discipline, approvals, and repeatable processes
As your firm grows, our role can grow with you — from structured bookkeeping oversight to controller-level review and, when needed, CFO-level strategic guidance.
FINANCIAL SYSTEMS & ADVISORY
Monthly bookkeeping is the foundation—but it’s not the finish line. We deliver clean financials and pair them with the systems, reporting, and oversight that help law firm owners run the business side with clarity.
WHO WE SUPPORT
Law Firms
Monthly bookkeeping, reconciliations, and reporting—plus trust/IOLTA support and KPI visibility for firms that want clarity, control, and confidence.