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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

- 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