How to Perform A Three Way Reconciliation
A three-way trust reconciliation involves three components that must match. If the three numbers don't match, you have to investigate to kno
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Nov 17, 20212 min read
Accounting for Law Firm: 5 Common Legal Accounting and Bookkeeping Mistakes
Lawyers are not accountants and they often make the same common mistakes when it comes to accounting for law firms.
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What Is An Overbilling In Construction?
Overbilling in construction occurs when a contractor bills for contracted labor and materials before that work is actually completed
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How To Increase Law Firm Revenue in 2023
Business success and sustainability are dependent on revenue. This metric is also critical to accounting and law firm bookkeeping, law...
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Everything Attorney Need to Know About Trust Account
Separating client trust funds from law firm operating funds is a necessary practice. When it comes to running a small firm, this concept...
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Oct 14, 20216 min read
How To Improve Your Construction Company’s Profitability
Construction companies do not only build structures, they head for building profits also, of course. Although most of them know how to...
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5 Tips To Improve a Law Firm’s Finances
Managing a law firm is totally challenging for every single lawyer. When it comes to the financial aspects of a business, it doubles the...
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Construction Project: 10 Sure-Fire Ways to Get Paid Faster in Construction
Construction Project: 10 Sure-Fire Ways to Get Paid Faster in Construction
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Sep 28, 20216 min read
Three Common Mistakes that Lawyer Make With IOLTA
A simple explanation about IOLTA, how it works, 3 most common mistakes and how to avoid them.
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Sep 22, 20215 min read
The Beginner’s Guide to Trust Accounting
Sometimes it is easy to understand the terms or technical words in the field you work in, sometimes it is not. Even when you understand...
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Sep 21, 20215 min read
4 Key Practices For Effective Trust Account Management
Every single lawyer knows Trust funds are very crucial to them. They are not only your clients’ most valuable assets but are also...
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Sep 17, 20212 min read
A Visual Guide to Understanding Three-way Reconciliation
Managing trust accounts means you should understand three-way bank reconciliations. Regardless of whether your state calls it an "IOLTA...
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