Clio, MyCase, and TrustBooks track your trust account. Here's what they can't catch, and why most law firms still need a bookkeeper reviewing the numbers.
Texas IOLTA trust account rules in plain English: what belongs in trust, the five-year records rule, monthly three-way reconciliation, and common mistakes to avoid.
Firm money in your trust account? Learn the five quiet ways commingling trust account law firm problems start, and the habits that catch them early, before it grows.
How long do you have to keep IOLTA and trust account records? It varies by state. Here is what to keep, how to store it, and how to check your rule for your firm.
What should monthly financial reporting for law firms show? Profit by practice area, realization, overhead, and owner pay, explained plainly for busy firm owners.
Firm money mixed into your trust account? Here is the step by step bookkeeping fix for a commingled trust account, in the right order, so you do not make it worse.
CTAPP asks California firms to certify how they manage client trust accounts. Here is the bookkeeping that makes those answers true, and where to get help.
Trust account out of balance or months behind? Here is how a trust account cleanup works for law firms, what it fixes, and what you get at the end.
How three-way reconciliation works, why the three numbers must agree to the penny, and what to do when they do not. A plain language guide for law firms.