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...
There aren’t too many attorneys out there who enjoy trust accounting. Come to think of it, outside of accountants you’d be hard-pressed to find anyone who genuinely enjoys any type...
Attorneys will stare down murderers and criminals in a courtroom without fear, but if a client wants to pay their bill with a credit card you might see them start...
How often do you actually pay for something with cash? It seems like more and more people are turning to plastic when they make a purchase. There are still many...
Lawyers and attorneys everywhere know what Trust Accounting can mean to their firm and livelihood. It isn’t the most exciting part of practicing law, but that doesn’t mean that it...
There is no doubt that the 3-way reconciliation process is extremely important for law firms. Most jurisdictions require that it is performed monthly. The problem is the process can be...
Time management for lawyers can be a daunting task. A daunting task they don’t always have time for. Unfortunately, without the proper solutions in place, poor time management can result...
In many situations, part of being an attorney is being the fiduciary for your clients. This means you are responsible for making sure that all financial activity concerning the case...
Thankfully we live in a day and age where there is a wide range of technology available to attorneys and their law firms. This technology can improve productivity, accuracy, and...
Trust retainers should only be posted to the correct client funds liability accounts. All too often attorneys post retainers as fee income. This is wrong and could be harmful to...
