The end of the year can be a very busy time for many business owners—and your law firm is no different. Sorting through the year’s financials, preparing the documents you’ll need to file your tax returns, there are many accounting tasks that need to be completed before you can take some time off to enjoy the holidays with your family.
While you may keep an eye on your law firm’s financials throughout the year, setting aside additional time now to get a complete grasp on your accounting will save you (and your accountant) major headaches as you wrap up 2019 and begin planning for 2020.
Every attendee gets our updated 2019 Year-End Legal Accounting Checklist to help keep you focused on the process and moving forward on the things you must do, the things you might ask your accountant to do, and the reports you absolutely must have (like reconciliations, trust balances, etc.) Every lawyer (and their accountant) can use this tool.
- Understand the Basics of Law Firms Accounting
- Identify Common Accounting Challenges Faced by Law Firms
- Learn How to Utilize the Year-end Legal Accounting Checklist
- Recognize Areas where Technology Can Help Your Law Firm
Deborah Cushman received her B.A. in Geology from Wellesley College before earning her J.D. from Lewis and Clark Law School. Deborah began her career as a legal bookkeeper at Cushman Law Offices, P.S. in Olympia, Washington and has substantial experience managing all aspects of law firm operations and financial matters. She is knowledgeable about bank and trust account bookkeeping and understands all aspects of law firm administration including billing, accounts receivable, accounts payable, payroll, reconciliations, adjustments, and business tax reporting. Deborah opened Premier Legal Billing and Bookkeeping, LLC out of a desire to help other small- and medium-sized law firms manage their firm operations in a cost-effective manner.
Erica Birstler is the Director of Strategic Communications at CosmoLex — developers of the only fully integrated legal practice management, billing & trust accounting system specifically designed for solo and small law firms. Erica’s degree is in Business Administration and she has nearly a decade of experience in the legal software industry, catering to the specialized technology needs of small to mid-sized law firms. Erica is passionate about helping legal professionals improve the way their law firms run, and she has given numerous presentations across North America on legal technologies such as law practice technology management, cloud computing, and legal billing & trust accounting compliance to help spread her knowledge.
*Please note that this is a non-CLE webinar.