11 Common Trust Accounting Challenges (and How to Overcome Them)
What’s Inside?
The majority of lawyers know basic trust accounting principles, but throughout the course of business, instances arise that require more in-depth knowledge.
Scenarios such as a lawyer leaving the firm and taking their clients with them or the firm needing to switch banks may not be daily occurrences, but it’s still critical that the proper procedures are followed. Going beyond the basics will make sure you’re prepared to handle complex trust accounting situations.
Download this Guide now to get the 11 most common trust accounting challenges and how to overcome them.
Download the Guide Now
View Resources Related to Trust & Retainer Accounting
How to Keep Your Three-Way Reconciliation Accurate and Efficient
There isn’t anything I don’t like. Easier timekeeping and keeps the books straight because they have to match up…we switched because it includes bookkeeping and timekeeping in one program.
Rebecca Norton | On Point Legal, Louisiana
We needed to find an alternative solution to PCLaw, as we were moving to a cloud-based system. It appeared the employees at CosmoLex had more experience in migrating the data from PCLaw to CosmoLex.
Andrea C. Kryszak | Kryszak & Associates, Co., LPA
Using a third-party platform for accounting didn’t make sense anymore…conflict check approach is good and I like the ability to handle my accounting within the case management software.
