ARTESANI ACCOUNTING

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Questions to ask your new Attorney-Client

Hooray! You received your first lead from a potential attorney-client. His name is George Smith, and he has a small practice with one other partner. You are nervous about calling him back. What...

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Law Firm Profitability: Accounts Receivable

When we get into discussions with new clients, we have had quite a few tell us, “We don’t have accounts receivable (AR).  We simply ask, “do you create invoices for your...

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Its Called a Trust Account for a Reason

Have you ever heard of a story that made you shake your head and say:

“Uh, what century are we living in again?!”

The unfortunate truth is that there are ethical lawyers and some not...

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Reconciling the Advanced Client Cost Account

Reconciling the advanced client cost account is a must if you do attorney bookkeeping.  It is important to track this account.  If it is left untouched, you could be leaving...

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Hard Costs & Soft Costs

 

Hard cost (Direct) and soft costs (Indirect), I guess I should have included them in my list of terminology that you need to know when you work with a Law firm. But this post is about how...

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Lucky Number 3 - Three Way Bank Reconciliation for Attorneys

Lucky Number 3?

In the world of trust accounting, Law Firms and Attorneys are expected to have their client & trust ledgers reconciled frequently as well as their trust accounts ...

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