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Blog
Trust accounting: The need to keep track of client funds given in trust separately from law firm operating funds. I don’t know if there is any concept more feared and mythologized by lawyers when it…
Billing clients for legal services, and collecting on those payments, is critical to the success of any law firm. Create a simple, straightforward billing process—with clear expectations for collecting payments—and you’ll reap the rewards of…
Are your firm’s finances in shape? Follow these law firm accounting best practices to set yourself up for success in the new year.
Using payment plans in your law firm can help you get paid more consistently. Here’s how to set them up the right way.
Whether you don’t know where to start, or you’re unsure of what you know (and what you don’t), this guide gives you a practical overview of the legal accounting fundamentals for small law firm owners.…
Learn how Doug Bend set up a billing process for his firm, including how he weighed the costs and benefits of accepting credit cards.
With access to the right financial data, managing your firm can be a whole lot easier. Here’s how.
Here, we’ll explore three common misconceptions regarding online payments for lawyers.
If you had asked me what it cost to start a law firm in 2012, I would’ve said this: $7,810. Boy, was I naive. A law firm budget involves careful thought and planning—and you'll need…
Spending too much time on law firm collections? It could be hurting your firm more than you think. Here’s how to fix it.