by Lynda Artesani | May 15, 2022 | Client Costs Advanced, Clio, General Tips, KPIs, LeanLaw
Next up is a personal injury firm. Many personal injury attorneys I’ve spoken to have said, “My practice area is straightforward, and I don’t need any external software because the trust tracking happens at the end of the case.” While this is...
by Lynda Artesani | May 8, 2022 | General Tips, QuickBooks
There’s a lot I can say about immigration firms and accounting. Let’s start with the transaction volume. Like family law, there are many transactions for many exact amounts. Handling accounts receivable is probably the essential job besides the attorneys doing great...
by Lynda Artesani | Feb 6, 2022 | General Tips, IOLTA/Trust Accounts
The interest on a lawyer’s trust account, commonly known as IOLTA, is one of the most mysterious accounts in attorney’s chart accounts. Yes, we know it’s a bank account; we know that there’s interest, but we’re not sure how to put that...
by Lynda Artesani | Dec 19, 2021 | Cleanup, Financial Statements/Distributions, General Tips
With so much going on for every client, it can be hard to stay on top of everything. In the past, I had a strict process that I developed to close out client files monthly. Now, we have a feature and I try to use the month-end review tool to finish specific tasks in...
by Lynda Artesani | Oct 31, 2021 | Accounts Receivable, Cleanup, Clio, General Tips, IOLTA/Trust Accounts, LeanLaw, Other, QuickBooks, Work Processes
One of the ways you can measure the numbers that tell the story of your law firm’s success is by using key performance indicators (KPIs). A KPI is a fancy acronym, which sounds daunting, but in reality, it is just any kind of measurement that you are going to...
