by profitsolv | Jan 24, 2024 | Accounting practice management, Cosmolex
Handling client funds demands a great deal of responsibility and attention to detail. To adequately manage client funds, you need a comprehensive understanding of legal accounting. It comes as no surprise that this involves a lot of factors. Sometimes, it helps to...
by profitsolv | Jan 17, 2024 | Accounting practice management, Cosmolex
When it comes to trust accounting, maintaining compliance with your state’s requirements is of the utmost importance. And yes, you probably already knew you have to remain compliant, but as any practicing attorney can attest, maintaining trust accounting compliance...
by profitsolv | Jan 17, 2024 | Accounting practice management, Cosmolex
Should your law firm pass the baton of credit card processing fees to your clients, or bear the burden itself? This question gets at the heart of surcharging decisions faced by law firms that are considering whether to offer digital payments. While allowing clients...
by profitsolv | Jan 10, 2024 | Accounting practice management, Cosmolex
Nearly every lawyer will be responsible for holding onto client funds at some point in their careers, so it’s important to stay current on how to do it right. The No. 1 thing to remember? When an attorney is holding the money in a trust account, that money doesn’t...
