Tag Archives: trust accounting

WATCH: The 7 Vital Trust Accounting Reports to Keep Your Law Office Compliant & Successful

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 …

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Watch: 10 Do’s and Don’ts of Legal Trust Accounting

Handling client funds can be one of the most complex parts of running a law practice. The rules and regulations of handling client funds can become very difficult based on the specific type of account, your local jurisdiction, and other factors. As an attorney, you are the one responsible for the proper management of these funds. If you want to …

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10 Do’s & Don’ts of Legal Trust Accounting

Handling client funds can be one of the most complex parts of running a law practice. The rules and regulations of handling client funds can become very difficult based on the specific type of account, your local jurisdiction, and other factors. As an attorney, you are the one responsible for the proper management of these funds. If you want to …

Read More »

Watch: Better Trust Accounting

Each year, the State Bar of California’ Office of Chief Trial Counsel, the bar’s prosecution unit, receives over 2,000 reports of bounced checks from banks holding law firm trust accounts. Some of these may be innocent error, but the public is also reading high profile articles about trust account abuse. To add to the complexity, some law firms experience the opposite …

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Better Trust Accounting

Each year, the State Bar of California’ Office of Chief Trial Counsel, the bar’s prosecution unit, receives over 2,000 reports of bounced checks from banks holding law firm trust accounts. Some of these may be innocent error, but the public is also reading high profile articles about trust account abuse. To add to the complexity, some law firms experience the opposite …

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What I Wish I’d Learned in Law School: How to Run an Ethical Office

In this video, we will cover the best communication practices for addressing clients followed by the ins-and-outs of creating an effective fee agreement. Lastly, you will discover the necessary steps it takes to run an efficient and ethical office by understanding financial control and the psychology of billing, including a discussion on the proper use of trust accounts. Key Points: …

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