For lawyers, managing a trust account is not just about handling finances—it’s about maintaining compliance with strict legal and ethical standards. Failure to comply can lead to serious repercussions, including fines, disbarment, or even legal action. This is where professional bookkeeping services come into play, ensuring lawyers remain compliant with trust account rules while keeping […]
Running a law firm demands extensive focus on legal matters, client management, and case preparation. However, one critical aspect of business management that lawyers often overlook is bookkeeping. A law firm’s financials are far more complex than a typical business, with trust accounts, client funds, billable hours, and intricate tax requirements. This is why every […]