Financial operations that connect to your cases.
Every invoice links to a client, matter, and time entry. Trust accounts are IOLTA-compliant. AI intelligence surfaces insights — but never touches the money.
Financial Intelligence
Firm-wide financial health and optimization
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Weekly Summary
Warnings
! 1 overdue invoice
Key Metrics
Unbilled Hours: 0
AI Suggestions
IOLTA Trust Accounting
Revenue Leakage Alerts
LEDES Export
From time entry to payment
Automated billing workflows with AI-powered optimization at every step.
Complete billing toolkit
Everything you need to manage firm finances efficiently.
Financial Intelligence
AI-powered suggestions for billing opportunities, unbilled time, and trust alerts.
Trust Account Management
IOLTA-compliant trust accounting with per-matter accounts and reconciliation.
Invoice Generation
Professional invoices with 80+ template options and PDF export.
Payment Tracking
Record payments via check, card, bank transfer, or Stripe.
Unbilled Time Detection
AI identifies meetings and work without time entries.
Recurring Invoices
Automatic invoice generation on weekly, monthly, or quarterly schedules.
LEDES Export
Corporate e-billing compliance with LEDES 1998BI format.
Matter Budgets
Budget tracking per matter with utilization percentages.
Revenue Leakage Detection
AI scans for unbilled work across emails, calendar, and documents.
Every invoice tied to a case
Per-matter financial tracking with budgets, contingency fees, and auto-generated invoices from unbilled time.
Per-Matter Tracking
See billed, collected, outstanding, and expenses for every matter.
Matter Budgets
Track budget utilization per matter with alerts when approaching limits.
Contingency Fees
Support for percentage, flat fee, and hybrid contingency arrangements.
IOLTA-compliant trust management
Per-matter trust accounts with deposit, withdrawal, and transfer workflows. Every transaction logs balance-after for full auditability.
Deposit
Fund trust accounts with Stripe or manual entry. Balance-after logged.
Withdraw
Insufficient balance checks before every withdrawal. Full audit trail.
Reconcile
Timestamped reconciliation with expected vs actual balance verification.
19 financial analyzers working for you
Billing velocity, revenue leakage, trust health, cash flow forecasting — AI surfaces insights but never touches the money.
Billing Velocity
Tracks time-to-invoice and identifies bottlenecks.
Revenue Leakage
Scans emails, calendar, docs for unbilled work.
Trust Health
IOLTA compliance score with cash flow forecasting.
Cash Flow
Predicts when trust will run out based on patterns.
5 non-negotiable AI safeguards
AI intelligence that surfaces insights — but never touches the money.
No Time Creation
AI cannot create billable time entries without human input
No Auto-Send
AI cannot execute financial transactions or send invoices
Suggestions Only
All AI outputs go through the Suggestions Inbox for review
Manual Override
Manual time tracking always overrides AI suggestions
AI Activity Unbilled
AI agent activity is never billed to clients
Immutable audit trails
SHA-256 checksums, decision path tracking, and tiered storage for full regulatory compliance.
SHA-256 Checksums
Every transaction cryptographically sealed for tamper-evident records.
Decision Tracking
Full path from AI suggestion to human approval to execution.
Tiered Storage
Hot (30 days), warm (1 year), cold (7 years) retention policies.
Every invoice tracked, every trust account compliant, every dollar accounted for.
FernLex automates billing from time entries to payment, keeps trust accounts IOLTA-compliant, and uses AI to surface unbilled work — all connected to the matter, all reviewed by your team.