How to Account for Referral Fees and Co-Counsel Fee Splits in 2026: The Compliance-and-Bookkeeping Playbook for Law Firms

Referral fees and co-counsel splits are where legal ethics and legal accounting collide. This step-by-step playbook covers the client-consent rules, how to book the split without double-counting revenue, when the money touches trust, and the 1099 trap most firms miss.