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While you’ve spent years honing your skills to become a great lawyer, you didn’t understand deeply about law firm bookkeeping or...

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...

Lawyers and law firms have specific financial needs that are unique to their industry. When a lawyer decides to make the jump from being...

TABLE OF CONTENT Get to love your numbers Financial statements - Make it easy Balance Sheet (B/S) Profit & Loss Statement (P&L) Get to...

Bookkeeping is essential for every law firm, even if it brings back unpleasant memories of "math classes" in school. You can make...

There is no doubt that technological advances can support the business to improve and gain competitive advantages in the market and law...

Why Would You Need to Do a Bank Reconciliation Monthly? Bank Reconciliation

- There is no Money In and Out of the fund (no flow of transactions) - Overdraft client ledgers at the transaction level.

All of these account types (IOLTA, IOLA, and Attorney Trust) have the same purpose. They are all used to separate the client’s money from...

For trust account management, this reconciliation process is one of the most important aspects of maintaining compliance and administration.

At some point along the lines, you're going to make a mistake. Some mistakes will be larger than others, but for the most part, what's...