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Law Firms:  Choosing the right entity type for your firm

Law Firms: Choosing the right entity type for your firm

by Lynda Artesani | Dec 26, 2021 | Financial Statements/Distributions, General Tips

There are several types of entities that we typically see law firms drawn into. In the US, they are taxed differently, and it is important to be aware of this when considering your law firm’s structure. Below we will break down the different entity choices: Sole...
Legal Attorney Billing: LEDES Billing

Legal Attorney Billing: LEDES Billing

by Lynda Artesani | Dec 5, 2021 | Accounts Receivable, General Tips, LeanLaw, Legal Apps, Work Processes

There are so many acronyms when you work with attorneys. You may be asked as a bookkeeper who works with lawyers about LEDES. LEDES is an acronym for Legal Electronic Data Exchange Standard. What does that exactly mean? LEDES has been around since 1995 and is a file...
How to Maintain Compliance With Your Attorney Bookkeeping

How to Maintain Compliance With Your Attorney Bookkeeping

by Lynda Artesani | May 11, 2019 | General Tips

How to Maintain Compliance With Your Attorney Bookkeeping is a key question an attorney can ask when looking for an accountant.  Why hire a law specific accountant to handle your records?  For an attorney, proper bookkeeping can mean the difference between...

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