“With a staffing footprint of only a few attorneys why do I need a bookkeeper?” It’s a question I’ve heard a lot over the course of my career. Many lawyers who work in small firms don’t see the benefit of relying on external expertise to keep their books organized. Unfortunately, many of those same lawyers eventually come around to a different way of thinking only after something bad, or even catastrophic, happens with their accounts.
Last week we covered some common trust accounting mistakes. This week we’re going to do the opposite. We’ll cover some trust account best practices that will help prevent trouble from arising in the first place. So read on to discover some basic, easy, and simple tips to keep you out of the clutches of your local state bar.
