Category Archives for Law Firms

Negative Cashflow Pro Bono No-No

​It rhymes AND it makes good sense! LOL! Note:  Happy Labor Day weekend!  I am taking a pause from the series on how to work with your first attorney client this week.  That series will resume next week!   You’ve heard the term pro bono before and you know what it means… You’re workin’ for FREE! Actually, a […]

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Attorney Invoicing Workflow using LeanLaw

Attorney invoicing is the topic of this post, which is part three of a series on how to work with your first attorney-client, what you need to know.   In Part One, we jumped in at the very beginning talking about the terminology around working with law firms and attorneys.  Part two was all about […]

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Attorney Expenses and Advanced Client Costs

This post is part two of a blog series on how to work with your first attorney-client, what you need to know. Last week, we jumped in at the very beginning and discussed the terminology around working with law firms and attorneys. This week it is all about the law firm expenses, and specifically, this […]

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Working With Attorneys: Trust Accounting

Trust Accounting

This article is for the person who just picked up a brand new law firm client and has no clue where to start. Trust accounting can seem scary. Also, what is all this terminology???? Trust accounts, retainers, matters, advanced client costs, and an Iolta account? What does it all mean?Well, it is super important to […]

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My Lawyers are NOT Guilty

..of these very common Law Firm Accounting mistakes. There I was, cruising the web for a little writing inspiration and suddenly… I was hooked! “Solo and Small Law Firm Accounting Issues” posted by FindLaw.com. Now THIS resonates!!!   These common mistakes, described by FindLaw are often the cause of many critical financial issues, whether you’re a small operation […]

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“Mixed” Trust Accounts Don’t Keep U.S. Tidy…

The internet provides valuable information about Trust Accounts and Trust Accounting.  The work to keep the books straight and tidy in your law practice is admirable, so I thought I would help clarify something that could throw a serious wrench into your record keeping effort.In Canada, there is such a thing as a “Mixed Trust […]

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Law Firm Accounting in 6 mins?

Worrying about accounting and time tracking errors at the end  of an eighty hour work week is the last thing you need. Helping clients navigate the legal system is difficult, but your industry challenges you to track billable time by the minute.  Therefore, you  bill that time in 6-minute increments. Wow! That is a little […]

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How to Maintain Compliance With Your Attorney Bookkeeping

attorney bookkeeper

How to Maintain Compliance With Your Attorney Bookkeeping is a key question an attorney can ask when looking for an accountant.  Why hire a law specific accountant to handle your records?  For an attorney, proper bookkeeping can mean the difference between peace and chaos. An attorney bookkeeping service can help you keep your financial world […]

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