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Tech Tip #144: Commingling Client Funds Can Bring Your Firm Down

Trust Accounting

Chances are your firm is working with multiple clients on multiple matters. It is required that funds associated with one matter aren’t commingled with funds that are associated with another. Utilize legal specific accounting software to ensure that client funds are not commingled or used to pay for your firm’s own expenses. Learn more by reading our recent blog post, Legal Accounting Challenges Only An Attorney Would Understand

Notebook

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CosmoLex is cloud-based law practice management software that integrates trust & business accounting, time tracking, billing, email & document management, and tasks & calendaring, in a single application.
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CosmoLex is part of ProfitSolv, a collection of best-in-class software solutions for professional services firms, allowing the freedom for growth and innovation. Using a product-centric and customer-first approach, ProfitSolv collaborates with firms to offer better client services.

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