ARTESANI ACCOUNTING

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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...

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What's Difference Between a Law Firm Expenses and Personal Expenses?

 

What's the Difference Between a Law Firm's Bank Account and Their Wallet? This is a  post about the differences between law firm finances and personal finances and how to book...

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Lawyer Bookkeeping: Unapplied Cash Payment Income/Expense

 

 Let me paint the picture. You are doing your accounting records for your law firm. You send the tax professionals the financial documents that they requested. The tax professional...

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Accounting terminology for law firms

 

There is a lot that goes into accounting for law firms. Why is it essential if you are a partner or a solo lawyer in your firm? In this article, we will dive deep into educating the...

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What are the Three Key Performance Indicators Best for Tracking in a Profitable Law Firm?

As any law firm executive knows, tracking metrics is crucial to drive return on equity and maintain profitability. It can be a painstaking process that can be time-consuming and difficult to...

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Law Firm Trust Accounting Pitfalls

An IOLTA/Trust account is an account that lawyers use to hold client's up front deposits, which are more commonly know in the industry as retainers, until the money is earned. It is at that time...

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Is Trust Accounting Hard?

If you just landed your first attorney-client, you may be struggling with some of the terminologies:  IOLTA, what the heck is that? Trust Accounting, is that an IOLTA?  And what are the...

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Letting Go…

If you are a QB Community Live member, you may have seen a recent video by my partner, Matthew Fulton, announcing my exit from the group as Admin.

Many of you were kind and reached out to...

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An Open Letter to my Attorney-Client

Dear Mr. or Ms. or Attorney:

Did you know at year-end that it’s a great time to make a change to a better law firm software?

Okay, I get it. But this is not an annual process....

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