Archive for October 2023

When attorneys are looking for an outsourced accounting firm to handle financial matters for their clients or their own practice, they typically ask several key questions to ensure they select a reputable and competent firm. Here are five common questions: What is your experience and expertise in handling legal accounting matters?This question seeks to assess…

Accounting is a critical aspect of running a successful law firm. Proper financial management ensures the firm’s stability, growth, and compliance with legal and ethical regulations. However, lawyers, primarily focused on legal matters, may inadvertently make accounting mistakes that can lead to serious consequences. In this article, we will discuss five common accounting mistakes lawyers…