The responsibility for proper legal accounting and the consequences of improper accounting fall squarely on your law firm—not the accountant. Which makes knowing the rules of legal accounting mandatory for every lawyer. In this video, you will gain the essential accounting knowledge you need to protect your practice.
After a quick review of the differences between regular business accounting and legal accounting, we’ll take a deep dive into three crucial areas that are “make-or-break” for every firm. You (and your accountant) will come away armed with simple, practical tips that you can implement immediately to keep your books clean & compliant.