The Basics of Law Firm Time, Billing, and Accounting

 

Learn the fundamentals of legal accounting and the rules that directly affect your firm.

Legal accounting is a little different than standard business accounting, as there are unique financial issues within a law firm environment, including trust accounting and client costs advanced. Retainers and trust funds are particularly important to understand, as attorneys have an obligation to adhere to the Rules of Professional Conduct and ethics opinions that govern them.

This ebook addresses the fundamental concepts of a legal accounting system, including various rules that directly affect the management of client trust funds.

In this ebook, you'll:

• Learn about the five main components of every law firm's financial system.
• Get actionable steps for using your time and billing software more effectively.
• Gain insight into client trust accounts and your responsibilities for keeping client funds safe.

Get your copy now!