Starter Guide to Legal Accounting: Law Firm Accounting Explained
16/07/2021
Top-of-the-line law firm accounting practices generate regular reports of activities. By studying these reports, you will gain valuable insight into your firm's operations and be able to make effective decisions for your firm. It's easier to spot opportunities and potential problems and take effective, appropriate action if you regularly read your law firm accounting reports. This helps lawyers know where they stand with their bank account and savings accounts.Adhering to IOLTA guidelines and trust accounting compliance best practices not only safeguards...