WATCH ON YOUTUBE Speakers: Erica Birstler, Vice President at CosmoLex Legal Many lawyers think that trust accounting can be managed easily by following just a few best practices. But improper trust accounting (whether by accident or fraud) is one of the top reasons lawyers find themselves in trouble both financially and professionally. While it’s critical to know the basics of …
Read More »7 Critical Reports for Trust Accounting
Trust accounting is one of those aspects of running a practice that comes with a zero tolerance for error. The penalties — for both the attorney and the firm — be can severe. However, it’s so tedious and time consuming to keep up with all the required documentation that many firms procrastinate or just do a partial job each month. …
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