TERMS OF SERVICE
Terms of Service Ethnum Global Advisory LLC Effective Date: June 1, 2026 Last Updated: June 1, 2026
1. About Ethnum
Ethnum Global Advisory LLC (“Ethnum,” “we,” “our,” or “us”) is a legal accounting and trust accounting services firm registered at 30 N Gould St # 45050, Sheridan, WY 82801, USA. We provide IOLTA trust accounting, 3-way reconciliation, legal bookkeeping, books clean-up, financial reporting, and virtual CFO services exclusively to US-based law firms and legal professionals. Our services are delivered remotely by our team based in India.
By accessing our website at ethnum.com or engaging our services, you (“Client,” “you,” or “your”) agree to be bound by these Terms of Service (“Terms”). Please read them carefully before proceeding.
2. Scope of Services
Ethnum provides the following services to law firms and attorneys across all 56 US jurisdictions:
- IOLTA Trust Accounting and monthly reconciliations
- 3-Way Reconciliation (bank statement, trust ledger, and client ledger)
- Legal Bookkeeping with law-firm-specific chart of accounts
- Books Clean-Up and historical transaction categorization
- Financial Reports and virtual CFO (vCFO) advisory
- Partner Reconciliations and capital account management
- Monthly Compliance Metric reporting (the “Ethnum Trust Score”)
The specific services provided to each client are governed by a separate engagement letter or service agreement executed between Ethnum and the client. These Terms apply alongside and in addition to that agreement.
3. Not a Law Firm; Not Legal Advice
Ethnum is a financial and accounting services firm. We are not a law firm and do not provide legal advice. Our services are limited to bookkeeping, accounting, reconciliation, and financial reporting. Nothing in our communications, reports, or deliverables constitutes legal advice, and nothing creates an attorney-client relationship.
Bar rule compliance support provided by Ethnum relates strictly to the accounting and bookkeeping requirements of IOLTA rules — it does not constitute legal counsel regarding your professional responsibility obligations. You remain solely responsible for compliance with your jurisdiction’s Rules of Professional Conduct.
4. Client Responsibilities
As a client of Ethnum, you agree to:
- Provide accurate, complete, and timely access to your financial accounts, software, and records necessary for us to perform our services.
- Grant appropriate access to your accounting software (e.g., QuickBooks Online, Clio, Xero, CosmoLex, MyCase, PracticePanther) as needed.
- Notify us promptly of any changes to your practice, trust accounts, jurisdictions, or banking relationships.
- Review all deliverables, reports, and reconciliations provided by Ethnum and notify us of any errors or discrepancies within 10 business days of delivery.
- Ensure that your firm’s attorneys and administrators cooperate with Ethnum’s onboarding and monthly service processes.
- Maintain final responsibility for the accuracy of all financial records filed with or submitted to any bar association, court, or regulatory authority.
5. Onboarding and Service Commencement
Upon execution of an engagement letter and receipt of initial payment, Ethnum will initiate a secure onboarding process. A dedicated specialist will be assigned to your account within 48 hours. Onboarding includes software access setup, initial books review, and a discovery call to understand your firm’s specific needs and jurisdiction requirements.
6. Fees and Payment
Fees for Ethnum’s services are set forth in your engagement letter. Unless otherwise agreed:
- Monthly service fees are billed at the beginning of each service month and are due within 7 days of invoice.
- One-time services (such as Books Clean-Up) are billed as agreed in the engagement letter.
- Late payments may result in suspension of services until the outstanding balance is cleared.
- All fees are quoted and payable in US Dollars (USD).
Ethnum reserves the right to update its pricing with 30 days’ written notice to existing clients.
7. Confidentiality
Ethnum treats all client financial information, firm data, client ledgers, and trust account details as strictly confidential. We do not share, sell, or disclose any client information to third parties except as required to perform our services (e.g., integration with your accounting software) or as required by applicable law.
All Ethnum team members are bound by confidentiality obligations. We maintain appropriate technical and organizational security measures to protect client data.
8. Data Security and Software Access
Ethnum accesses client accounting systems solely through secure, permission-based integrations. We do not retain banking credentials and do not have the ability to initiate, approve, or authorize financial transactions on your behalf. Our access is strictly limited to reading, categorizing, and reconciling financial records.
9. Intellectual Property
All methodologies, workflows, tools, templates, and reports developed by Ethnum — including the Ethnum Trust Score and its underlying compliance metric framework — are the intellectual property of Ethnum Global Advisory LLC. Clients receive a non-exclusive, non-transferable license to use deliverables for their own internal law firm purposes only. You may not reproduce, resell, or distribute Ethnum’s proprietary materials without written consent.
10. Limitation of Liability
To the fullest extent permitted by applicable law, Ethnum’s total liability to any client for any claims arising from or related to our services shall not exceed the total fees paid by that client to Ethnum in the three (3) months immediately preceding the claim.
Ethnum shall not be liable for any indirect, incidental, consequential, or punitive damages, including but not limited to loss of revenue, bar disciplinary action, regulatory penalties, or reputational harm — even if Ethnum has been advised of the possibility of such damages.
Ethnum is not liable for errors, omissions, or delays caused by inaccurate or incomplete information provided by the client, or by failures of third-party software platforms.
11. Indemnification
You agree to indemnify, defend, and hold harmless Ethnum Global Advisory LLC and its officers, employees, contractors, and agents from and against any claims, damages, losses, or expenses (including reasonable attorneys’ fees) arising from your breach of these Terms, your misuse of our services, or your failure to maintain compliance with applicable bar rules or regulations.
12. Term and Termination
Either party may terminate the service engagement with 30 days’ written notice. Upon termination, Ethnum will deliver all completed work product and provide a final reconciliation report for the period covered. Fees for services rendered through the termination date are due and payable.
Ethnum reserves the right to terminate services immediately if a client engages in fraudulent activity, fails to pay outstanding invoices, or otherwise materially breaches these Terms.
13. Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of the State of Wyoming, USA, without regard to its conflict of law provisions.
Any disputes arising from or relating to these Terms or Ethnum’s services shall first be addressed through good-faith negotiation. If unresolved within 30 days, disputes shall be submitted to binding arbitration in Sheridan, Wyoming, under the rules of the American Arbitration Association.
14. Modifications to These Terms
Ethnum may update these Terms from time to time. We will notify existing clients of material changes via email. Continued use of our services after the effective date of any update constitutes acceptance of the revised Terms.
15. Contact Us
For questions about these Terms, please contact: Ethnum Global Advisory LLC 30 N Gould St # 45050, Sheridan, WY 82801, USA Email: hello@ethnum.com US Phone: 307-318-1223 WhatsApp: +91 93156-22256