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Construction companies do not only build structures, they head for building profits also, of course. Although most of them know how to...

Managing a law firm is totally challenging for every single lawyer. When it comes to the financial aspects of a business, it doubles the...

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

A simple explanation about IOLTA, how it works, 3 most common mistakes and how to avoid them.

Sometimes it is easy to understand the terms or technical words in the field you work in, sometimes it is not. Even when you understand...

Every single lawyer knows Trust funds are very crucial to them. They are not only your clients’ most valuable assets but are also...

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

Accounting in law firms requires specific skills and care because it is distinguished from accounting in general businesses. In this limited article, we try to summarize some most common accounting tips for law firms that would help to keep your accounting numbers in order and increase profitability lawyers. Some of these tips may be familiar to you but they should not be neglected for they will help you to better manage your business in the long run, particularly when you lo

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

Lawyers and law firms have specific financial needs that are unique to their industry. When a lawyer decides to make the jump from being...

TABLE OF CONTENT Get to love your numbers Financial statements - Make it easy Balance Sheet (B/S) Profit & Loss Statement (P&L) Get to love your numbers If you are a lawyer doing solo, or you have your law firm and it terrifies you with just a flash of thought about financial statements, named it financial fear, then you come to the right place. “I’m confused. Those numbers make no sense to me”. You might have heard of this before from your fellow attorneys. That’s fine. When

Bookkeeping is essential for every law firm, even if it brings back unpleasant memories of "math classes" in school. You can make...