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QuickBooks for Lawyers: Streamlining Legal Practice's Finances
In the fast-paced world of legal practice, managing finances can often be a daunting task. Lawyers juggle numerous responsibilities, from...
Jun 307 min read
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Top 7 Bookkeeping Mistakes That Violate State Bar Rules
In the legal profession, maintaining accurate and compliant bookkeeping practices is not just a matter of good business; it is a...
Jun 276 min read
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Understanding IOLTA Accounts: A Comprehensive Guide
IOLTA accounts, or Interest on Lawyers' Trust Accounts, play a crucial role in the legal profession. They serve as a means for attorneys...
Jun 276 min read
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Your State Bar Trust Account Requirements—Simplified
Understanding the requirements for trust accounts can be a daunting task for many legal professionals. However, having a clear...
Jun 266 min read
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Cash vs. Accrual Accounting for Law Firms: Pros and Cons
Cash and accrual accounting are two primary methods used for tracking financial transactions in businesses, including law firms. Each...
Jun 246 min read
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Understanding Law Firm Revenue and Accounting
Running a law firm is about more than winning cases—it’s about building a financially sustainable business. For lawyers, understanding...
Jun 196 min read
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Managing Advanced Client Costs: Strategies for Law Firms
Advanced client costs are the costs a law firm incurs during a case on behalf of a client. The client later pays back the law firm or the...
May 285 min read
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Avoiding IOLTA Overdrafts: A Simple Guide for Lawyers
You know how heavy the weight of obligation is as a lawyer. You have to balance your clients' cases, court deadlines, and the moral...
May 236 min read
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Proven Strategies to Prevent Overdrafts in IOLTA Accounts
As a law business owner, your IOLTA account (Interest on Lawyers’ Trust Accounts) is more than just a bank account—it’s a cornerstone of...
May 225 min read
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Common trust account reconciliation errors to avoid
Taking care of trust accounts is a very important job for law firms. These accounts hold client money, and if you don't handle them...
May 205 min read
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Handling Discrepancies in Law Firm Reconciliation
As an attorney or administrator of a law company, you know that keeping the books in order is just as important as winning cases. Making...
May 166 min read
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Reconciling Client Invoices for Law Firms
Focus is needed to run a law firm on issues, clients, and how to win in court. But there is a job that needs to be done that can't be...
May 155 min read
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