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Tech Tip # 132: Accurately Track Lien Claims During A Case

Tech Tip Lien Claims

In most contingency cases (and in many non-contingency cases), throughout the duration of a case you will accumulate lien claims. It is important that your firm track these claims to make it easy on yourself once it comes time to create settlement or disbursement statements. As your client’s fiduciary, it is your responsibility to address […]

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Tech Tip #129: Properly Record Negotiated Lien Claims

Tech Tip Lien Claims

Lien claims are a common part of many legal settlements. It is also common for third-party lien holders to negotiate the cost of these claims down. As an attorney, when you receive these lien claims over the duration of a case, it is important to record both the original and negotiated amount of the claim. […]

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Tech Tip #128: Do You Understand Trust Fund Compliance?

Tech Tip Trust Fund Compliance Quiz

A lot goes into client trust fund accounting. Unfortunately, for lawyers, there are few attorneys out there who understand what that is. From maintaining a positive balance, when to claim funds as the firms, what fees can be deposited, and the commingling of client funds, there is a lot to understand. It ultimately falls on […]

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