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How to Avoid Critical Accounting Pitfalls in Your Law Firm
October 13th, 2021 2:00-2:30 PM ET
If you’re still using a general business accounting tool to manage your “books,” this webinar is for you! Accounting can be a difficult task for law offices of all shapes and sizes. Whether you’re a solo practitioner managing the daily bookkeeping on your own, or a partner at a growing law practice that works closely with a dedicated accountant, the same rules and regulations apply when it comes to your accounting — compliance lands with you. Between trust accounts, managing client payments, and year-end financial reporting, accounting can seem complex and certainly be a career-ender if not appropriately managed, but it’s nothing to worry about if you have the proper safeguards and tools in place.
Join this special presentation designed to teach legal professionals how to identify and avoid the most common accounting pitfalls that will occur in your office. We’ll show you what makes legal accounting unique, what problems can pop up, and how you can utilize legal-specific accounting tactics and tools to prevent and overcome most issues that you will face. Proper accounting is a critical aspect of your law firm’s success. So make sure you’re prepared.
Learning objectives
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- Learn the definition of “legal accounting” and why it’s unique
- Identify common legal accounting pitfalls
- How can technology help overcome accounting pitfalls?
Speakers: Erica Birstler, Vice President of CosmoLex
