Category Archives for Trust Accounting

Reconciling the Advanced Client Cost Account

Reconciling the advanced client cost account is a must if you do attorney bookkeeping.  It is important to track this account.  If it is left untouched, you could be leaving important transactions that should be billed back to the client or expenses that should become firm’s expenses in the wrong account.  Reconciliaiton is the only […]

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Hard Costs and Soft Costs

Hard cost (Direct) and soft costs (Indirect), I guess I should have included them in my list of terminology that you need to know when you work with Law firm. But this is a post about how LeanLaw works and how it handles these two items. Want to learn more about how LeanLaw handles Trust Accounting, […]

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Learning LeanLaw: The Billing Tab

The Billing Tab:   One of the dominant features behind the app LeanLaw is the billing tab. After all, this is a legal time and billing application and its specific use attorney billing.What makes this feature special is due to the ability to  make LeanLaw so customizable for all firms.   It allows me the […]

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LeanLaw Time Saving Features

LeanLaw time saving features

LeanLaw Time Saving Features — it is what it is all about!   This week is all about a couple of my favorite time-saving tips in LeanLaw.  As many of you already know, LeanLaw is an integral part of my workflow. These tools are not hidden, but seem to be underused or not even noticed by attorneys […]

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Automating Law Firms and AI both Serves and Hinders

Automating Law Firms and AI (artificial intelligence) is, without a doubt, affecting your Law Firm. Advances in technology are rolling out whether you are for them or against them, so it makes sense that you would want to protect the firm you work so hard for. You don’t have to love AI to benefit from […]

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Are You A Cool Cat?

I love the story of Leon the lawyer.  He is a stray cat.  He strolled in one day.  The staff at the law firm adopted him.  People complained about this stray cat roaming around the office.  What did the law firm do to keep him?  They hired him. Yup, as an attorney.  Look around your […]

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Lucky Number 3? | Three-way Trust Reconciliation

 In the world of trust accounting, Law Firms and Attorneys are expected to have their client & trust ledgers reconciled monthly as well as their trust bank account reconciled in a timely manner too. Those who don’t follow the rules are gambling with their peace of mind. You may be hoping you won’t suffer the […]

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Data Migration for Law Firms

Data Migration for Law Firms — sounds scary doesn’t it?  Especially when you are talking about trust accounts and multiple years of data needing to be migrated over.Some data migrations are more complex than others and it’s also probably safe to say that a law firm migration will usually lean towards being at least moderately […]

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Trust Accounting and the Negative Nellies

   Who is Negative Nellie? It could be argued that many attorneys would know, especially while representing some rather over-the-top-disgruntled clientele. In addition to the attitude of that particular client, any client who also has a negative balance on their trust account could be considered “negative” as well. LOL! 😉     According to Pedro Chopite, an English enthusiast […]

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