FreshBooks Legal

Cloud accounting and invoicing used by solo attorneys

Categories

Billing & Financial Management

Product Overview

FreshBooks Legal is a cloud-based accounting software platform designed to simplify financial management for small and medium-sized businesses, including those in the legal sector. It offers a comprehensive suite of features such as invoicing, expense tracking, time tracking, project management, and payroll integration. Users can create professional invoices, track expenses with mobile receipt scanning, and manage projects efficiently. The platform also provides payroll services, allowing businesses to run payroll for employees and contractors, file payroll taxes automatically, and maintain labor compliance. Additionally, FreshBooks Legal offers integrations with various applications and supports multiple tax rates and currencies, catering to diverse business needs.

Features

  • Invoicing: Create professional invoices in minutes, automatically adding tracked time and expenses, calculating taxes, and customizing payment options.
  • Expense Tracking: Keep track of expenses with mobile receipt scanning, bank account imports, and automated expense categorization.
  • Time Tracking: Monitor billable hours and track time spent on projects.
  • Project Management: Collaborate with clients and team members, share files, and track project progress.
  • Payroll Integration: Run payroll for employees and contractors, file payroll taxes automatically, and maintain labor compliance.
  • Reporting: Access financial reports such as profit and loss statements, balance sheets, and tax summaries.
  • Mobile App: Manage your business on the go with the FreshBooks mobile app for iOS and Android.
  • Integrations: Connect with various applications to streamline business processes.
  • Multi-Currency Support: Handle transactions in multiple currencies.
  • Tax Compliance: Support for various tax rates and compliance requirements.

Funding History

Debt

$125.0M

March 2025

Morgan Stanley Investment Management

Debt

$100.0M

August 2022

Bank of MontrealJP Morgan

Series C

Undisclosed

August 2019

JPMorgan Chase & Co.

Series B

$43.0M

July 2017

Georgian PartnersAccompliceOak Investment Partners

Series A

$30.0M

July 2014

Oak Investment PartnersGeorgian PartnersAtlas Venture

Company Details

Headquarters
🇨🇦 Toronto, Canada
Founded
2003
Type
Legal Tech Vendor
Total Funding
$430.8M
Funding Stage
Series D Plus
Investors
Accomplice, Atlas Venture, Bank of Montreal, Georgian Partners, JP Morgan, JPMorgan Chase & Co., Morgan Stanley Investment Management, Oak Investment Partners
Pricing
Subscription
Deployment
Cloud
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