Tech Tip #129: Properly Record Negotiated Lien Claims

Trust Accounting

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. This will allow your firm to create a well-organized settlement or disbursement statement. Learn more about third-party lien claims in our full blog post. 


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