Law Technology Today From the ABA Legal Technology Resource Center
Speaker: Erica Birstler, Vice President of
Getting clients to pay is an ongoing struggle for law firms. Since you are a lawyer and not a banker, don’t put yourself in that position. From the minute you engage a client, take the steps to make it easy for them to pay, and reduce the aging of your accounts receivable. Learn how easy it can be to collect payments, without putting your clients’ confidential information at risk. We will cover different types of payment options, and the necessary security rules your firm should implement to protect critical data. Keeping an eye on your law office’s financials is always an essential task for those in charge, and this year it’s more important than ever to make sure your practice is staying on track. As we all prepare to resume a “normal” life, are you sure that you’re on track to hit your financial goals? Do you have a clear understanding of how your current financial situation will affect the second half of your year?
While most people who work in small and mid-sized organizations have been keeping a closer eye on their cash flow and accounting practices over the past year, a thorough, guided mid-year review will give you an in-depth picture and a solid foundation so you can quickly correct your course if needed. Join us as we highlight the most critical aspects of the Mid-Year Accounting Checklist for Law Firms and explain how to put this resource to use in your office today. Attendees will receive the downloadable checklist so they may begin working through the steps and ensure there are no (accounting) surprises that can sneak up on your law practice this year.
Learning Objectives:
- Define the separate aspects of “law firm accounting”
- Review the Mid-Year Accounting Checklist for Law Firms
- How can technology help you get ahead?
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