Payroll in Your Law Firm

Once an attorney successfully begins a practice, she will want to set up payroll for herself and any staff or partners she brings on. Many times the process can seem daunting, but if a few steps are taken to do things correctly, payroll does not have to be difficult. Step 1 – Collect employee information … Read more

What is an IOLTA Account?

Attorneys usually receive a large retainer before beginning a legal case.  The money is required up-front to ensure that their hard work will be paid for and that the client won’t have to scramble to meet payment deadlines along the way. The retainer funds do not belong to the attorney.  They must be placed into … Read more

How to Be Audit Ready in Your Law Practice

Attorneys run complex businesses, with varying financial records that can boggle the minds of other business folk.  The IRS knows that these businesses are difficult to manage, keep track of, and file taxes accurately on a consistent basis.  For several years, it seemed to be the goal of the government to actually target attorneys for … Read more

How to Manage a Small Law Firm’s Bookkeeping

2020 has been a difficult year for everybody, and that isn’t up for debate. However, when something exciting happens, we should all take a moment to stop and celebrate it. Legal Ease Bookkeeping has great news, and we invite all of you to join us in celebrating . Legal Ease Bookkeeping has been approved as … Read more

Niche Bookkeeper

Why choose a niche bookkeeper? The bookkeeping industry is full of eager, experienced people searching for more clients all the time.  Attorneys could quickly sign an agreement with a bookkeeper and get started hoping to have organized and well managed books. However, the trouble may also be just getting started.  Hiring a general bookkeeper means … Read more

Virtual vs In House

Choosing the Right Bookkeeping Style Every successful law practice relies on a competent staff to manage the daily activities of the firm.  A spacious building, secretary, and of course the attorneys themselves are needed to make the practice succeed.  The need quickly arises for a bookkeeper, as well, and the firm must decide which type … Read more

Commingling Funds

When a business owner fails to separate herself from her business, she is doing what the legal world calls commingling funds.  She may provide cash to the business, buy office supplies from her own bank account, purchase meals with business credit card, and pay rent from her business account for both the office space and … Read more