About Us

The accounting firm behind well-run law practices

Attorneys are trained to practice law, not to reconcile trust accounts or read financial statements. ICProfit exists to close that gap — we handle the financial side of your firm so you can focus on your clients.

Our Story

Built for law firms. Only law firms.

Running a law practice means running a business — but law school doesn't cover accounting, trust reconciliation, or financial management. Most firm owners learn it on the fly, usually at the cost of evenings, weekends, and avoidable risk.

ICProfit was founded to take that work off attorneys' plates entirely. Because we serve one industry, everything we do is purpose-built for it: a legal-specific chart of accounts, trust accounting workflows designed around state bar requirements, and reporting that speaks in matters, retainers, and realization — not generic small-business categories.

Beyond clean books, our goal is understanding: which practice areas make money, what to charge, when to hire, and how to grow. That is where accounting stops being overhead and starts being an advantage.

The Founder

Leading a team of professionals with years of experience

Ivy Cohen, CPA

Founder & Fractional CFO

Ivy is the founder of ICProfit and serves as Profitability and Growth Advisor and Fractional CFO for the firm's clients. She is a Certified Public Accountant licensed in Florida and New York, with a master's degree in accounting from the University of Florida.

Before starting ICProfit, Ivy spent more than six years at PricewaterhouseCoopers and more than twelve years running finance and accounting departments for businesses with revenues from $16 million to $150 million. For the past six years, she has served as Fractional CFO to businesses in the $5 million to $40 million range, including law firms.

Ivy is a native of South Florida, a wife and the mom of two boys, the co-founder of a New York City Masters swim team, and a nature lover. She has a passion for helping business owners and brings dedication to her clients and her work.

How We Work

Three commitments we make to every firm

Compliance first

Trust accounting is where attorneys carry the most risk. Three-way reconciliations happen every month, documented and aligned to your state bar's requirements — no exceptions.

Clarity over jargon

Financial statements only matter if you understand them. We explain your numbers in plain English and point to the specific levers that move profit.

A real partnership

We coordinate with your CPA at tax time, your practice management software every month, and your questions the same business day. One team, fully in your corner.