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Discover the key differences between operating retainer and trust retainer for attorneys. Learn which one suits your needs with our complete

Administrative tasks like billing and invoicing can be tedious and time-consuming and you may be stuck if you don’t implement the proper...

The Completed Guide To Better Law Firm Bookkeeping and Accounting Practices!

TABLE OF CONTENT Get to love your numbers Financial statements - Make it easy Balance Sheet (B/S) Profit & Loss Statement (P&L) Get to...

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

This article highlights critical accounting challenges that lead lawyers to lose financial control in law practices , emphasizing the...

- There is no Money In and Out of the fund (no flow of transactions) - Overdraft client ledgers at the transaction level.

In legal accounting, all cases expenses are not treated the same. It is important to ensure that every item billed is tracked

With regards to dealing with your client’s trust accounts, it is critical that your law firm has the correct processes and practices...

An attorney client trust account, also known as an escrow account. These trust accounting rules are designed to maintain the integrity of...