Back to Basics: Law Firm Accounting vs. General Accounting
When it comes to keeping accurate records of your law firm’s accounts, it’s essential to use tools that give you a...
5 Proven Ways to Maintain Accounting Compliance in Your Law Office
In the high-stakes world of legal practice, accounting compliance is the backbone of your firm’s credibility and financial stability. While the...
Accounting for Lawyers: Six Basic Concepts You Should Know
In the fast-paced world of law, managing the financial intricacies of a practice can often feel like being cross-examined by a...
How to Set Up Your Law Firm’s Budget: A Practical Plan You Can Run All Year
No matter what size your law firm is, a budget keeps the business side steady so your legal work can thrive....
Back to Basics: (Part 2) Improving Your Law Firm’s Financials
This post is part two of a two-part series that focuses on getting Back to Basics in your law practice. Please...
How (and Why) to Avoid Write-Offs in Your Law Office
How much of your work are you writing off? The average law office writes off about 14% of their bills annually,...
The intuitive design and robust features of CosmoLex have been a game-changer for my firm. I recommend it to any solo practitioner looking to reclaim their time.
Jonathan Roth
Founder, Roth Advocacy
Canada
Customer Centric Messaging
Cosmolex provides a familiar and simple user interface that allows our firm to quickly and efficiently manage billing and times.
Creating a Budget for Your Law Firm
Budgeting. It’s the cornerstone of any effective business plan. A budget allows you to allocate resources to the right projects and...
10 Metrics Law Firms Should Track
Like every other business, law firms should be making data-driven decisions in order to succeed. Data can provide insights to answer...
Setting Practice Priorities: Using CosmoLex to Track Financials & More
“Follow the money. Always follow the money.” When Deep Throat said this to Woodward in All the President’s Men, he may...
Tech Tip #75 – Legal-Specific Accounting Software Can Keep Your Firm In Business
Compliance is king when it comes to running a law firm. If you slip up once the right way (or maybe...
Setting Up A Legal Chart Of Accounts For Your Firm
When a lawyer makes the decision to make the jump from being an attorney, to managing their own practice, they absolutely...
The Right Solution To Keep Your Firm Compliant
For those of you who have been following this series of blog posts on surviving a legal audit minefield, thank you...
The Tools Needed To Successfully Avoid or Survive a Legal Accounting Audit
In the second post of our 4 post series on surviving the legal audit minefield we’re going to take a look...
How To Survive a Legal Audit Minefield: Top Legal Accounting Audit Flags
Maintaining compliance is about your survival as a licensed attorney at law and is central in your firm’s ability to be...
Think Your Practice Doesn’t Need Legal Billing And Accounting Software? Think Again!
Old school lawyers may look down on the newfangled gadgets those young whippersnapper attorneys use, but they are doing themselves and...
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