IOLTA Reconciliation Requirements: A Practical Guide for Law Firms
IOLTA Reconciliation Requirements: A Practical Guide for Law Firms Knowing that trust accounting mistakes put a firm’s license at risk is one thing. Knowing exactly how to reconcile a trust account correctly, every month, without missing a step, is another. This guide is the second one. It walks through the mechanics of three-way IOLTA reconciliation […]
How to Improve Law Firm Cash Flow Without Sacrificing Growth
A law firm can be growing by every visible measure – more clients, more matters, a fuller calendar – and still run short on cash by the fifteenth of the month. That isn’t a contradiction. Cash flow and growth are not the same thing, and neither is cash flow the same thing as profit. A […]