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Separating client trust funds from law firm operating funds is a necessary practice. When it comes to running a small firm, this concept...

Construction Project: 10 Sure-Fire Ways to Get Paid Faster in Construction

Managing trust accounts means you should understand three-way bank reconciliations. Regardless of whether your state calls it an "IOLTA...

Accounting is often considered the language of business. In order to paint a complete picture of a business's past, present, and future...

All of these account types (IOLTA, IOLA, and Attorney Trust) have the same purpose. They are all used to separate the client’s money from...