19
Sep
We’ve likely all heard the saying before, “good things come in threes,” and the mantra can be applied to advice, too. Over the next few weeks, we’ll be publishing three...
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17
Sep
Legal accounting may not be the most exciting part of being an attorney, but it is an important piece of managing your own practice. Legal accounting issues can result in...
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13
Sep
When you consider your law firm’s current needs, our guess is that they fall within the following categories: Billing General Accounting Trust Accounting Calendar & Events Documents & Emails The...
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13
Sep
Handling trust accounts and managing client funds can result in several challenges. If not handled correctly, these challenges can lead to compliance issues, bookkeeping headaches, and financial implications for the...
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12
Sep
Accepting credit cards as a payment method requires special considerations when it comes to law firms, particularly when a payment is for a trust account deposit. Trust accounts inherently come...
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11
Sep
No two law firms are the same, but there are business needs that every firm must maintain and QuickBooks doesn’t cover it all. The experts at CosmoLex have identified key...
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29
Aug
As part of the handling of trust accounts, lawyers are required to properly manage client funds, including making payments on their behalf and returning money as needed. But what happens...
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27
Aug
It is a common misunderstanding for managers of small firms to think they can survive using the same solutions as other small business to run their practice. Law office accounting...
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23
Aug
With so many moving parts, it may be difficult to know where to start when tracking financials in a law practice. Fortunately, experts at CosmoLex have identified five key areas...
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23
Aug
While no two law firms are the same, many of their needs are nearly identical regardless of size, location, type of law practiced, etc. After over a decade of working...
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