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7 Essential Tips for Successful Lawyer Trust Accounting

Managing trust accounts is critical to legal practice, requiring precision and strict regulations. Successful lawyer trust accounting ensures ethical and compliant practices, establishes trust with cl...

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Mastering the Art of Compensation: Unleashing the Power of the "Eat What You Kill" Model for Attorneys

Are you an attorney looking to unlock the true potential of your compensation? With the "Eat What You Kill" model, attorneys are no longer confined to the constraints of traditional compensation struc...

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Exploring Clio Accounting

This week, I’m diving into an exciting new development in the legal tech world: Clio Accounting. This software is designed for solo attorneys and tiny law firms to provide a streamlined, intuitive acc...

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Unraveling the Compensation Models: Understanding How Law Firms Reward Their Lawyers

Law firms are known for their lucrative compensation packages, but have you ever wondered how they reward their lawyers? Unraveling law firms' compensation models requires a deep understanding of thei...

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Safeguarding Your Law Firm: Effective Strategies to Combat Financial Fraud

As a law firm, maintaining the trust of your clients is of utmost importance. However, in today's digital age, financial fraud is increasingly becoming a threat that could jeopardize this trust. Your ...

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Accounts Receivable Retainers: The Key to Streamlining Cash Flow

Discover the benefits of accounts receivable retainers at your law firm. It is a powerful tool for streamlining cash flow and optimizing your business’s financial health. Maintaining a steady cash flo...

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Taming the Overhead Beast: How Law Firms Can Boost Profitability

We all know the equation: more clients, cases, and revenue. But what if there are more profitable paths than simply expanding your caseload? This article dives into the often-overlooked world of law f...

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Why Your Law Firm Needs an IOLTA Bookkeeper

Running a law firm involves a lot of responsibility, especially concerning finances. Handling client money requires accuracy, transparency, and perfect record-keeping. Hiring an IOLTA bookkeeper is a ...

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Clio Accounting - A Cautious Look at the New Kid on the Block

The legal tech landscape is abuzz with the arrival of Clio Accounting, the latest offering from Clio, a name synonymous with legal practice management software. On the surface, it promises a streamlin...

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