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...
Attorneys are often dealing with financial information. This can be their own finances or their clients. More and more of the solutions used to manage this information can now be...
Many firms set up their revenue distribution models based on productivity. In order to have an effective model in place, your firm needs to know who the originating attorney is,...
Does your firm accept credit card payments from clients? Not too long ago it would be an utter shock to hear that a law firm would accept credit cards from...
No matter how organized you think your practice is, everyone can have better time management. While tagging records can be time-consuming, it is still important that every record is tagged to...