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Law Firm Accounting: Best Practices for Efficiency and Compliance

Centerbase

Main Takeaways From This Article: Compliance with trust accounting rules is paramount in legal practice, necessitating strict attention to detail. Real-time reporting and regular reconciliations help law firms maintain financial transparency and prevent errors. The highest expense most firms incur is for wages.

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CEOs of Clio, Paradigm and ProfitSolv React to News of LawPay’s Acquisition of MyCase

LawSites

In light of that, I reached out to CEOs and executives at several practice management companies for their thoughts on the deal — including on how it may impact their partnerships with LawPay going forward. That meant LawPay had to find a different law practice management provider to build its platform around.

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Time to Vote! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2023

LawSites

This year, you will be able to vote five times on a single ballot. You may vote for your top-five favorites or five times for top favorite. This helps avoid mistakes and delays in the deposition and by speeding up the process, effectively gives lawyers more time on the record to ask questions.