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When disbursing funds, don’t rush! Once a settlement has been reached your clients may be quick to come calling for a check. But it’s important that your firm take the appropriate time to make sure that funds are available to clear the check. Go ahead and write your trust checks, but before they’re delivered take […]
5 10
Sometimes one of the most overlooked aspects of practicing law is time tracking. While it is sometimes overlooked or taken less seriously than it probably should be, don’t be fooled – it is extremely important. You may be one of the best lawyers in the courtroom, but if you aren’t accurately tracking the time you […]
4 10
Compliance is king when it comes to running a law firm. If you slip up once the right way (or maybe the wrong way), compliance issues can come to your firm without even considering how you practice law, but rather how you manage your firm’s accounting. You’re a lawyer, not an accountant, enlist legal-specific accounting […]
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CosmoLex events and presentations for the month of October have been announced! Whether you’re a current customer, partner, or just learning about CosmoLex, we hope to see you at our events. Tues October 4, 2016 Minnesota State Bar: Technology Conference Time: 8:00m-5:00pm CT Learn More Notes: Don’t miss out on CEO Rick Kabra’s session titled, “Avoiding […]
29 09
Many firms utilize retainers to make sure that legal services and fees are always paid for. This will only work if these retainers stay replenished — evergreen retainers. Manually trying to stay on top of all of your clients’ retainers can be challenging at the very least. Automated notifications that bill clients when retainers get […]
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