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. 

Notebook

No Fields Found.

Ready to make the switch?

Start a 14-day Free Trial of CosmoLex

Try For Free

See CosmoLex in action!

Schedule a Free 1:1 Personalized Demo

Book A Demo