Insights for law firms

Creating Client Invoices in Clio

Billable and Collected Time in Clio

Retainer or Advance Fee or Trust Requests in Clio

Learn the ins and outs of scheduling your EIDL loan payments on Pay.gov with our straightforward guide, designed to simplify your repayment journey.

In this video post, we guide you through using the SBA Capital Access Financial System website to keep tabs on your EIDL loan, including how to check your next payment due date, outstanding loan balance, and how your payments are allocated between interest and principal.

In our latest blog post, Steve Parker, CPA, demystifies the employee evaluation process by explaining what the accuracy and speed of numerical data entry can reveal about an employee's competence and fit for your company.

Managing prepaid flat fees requires meticulous tracking, not just of the funds themselves, but also of individual timekeeper collections and the balance of outstanding work to be completed.

This post highlights how general practice management systems may not be the best fit for personal injury firms, and highlights CASEpeer, Cloudlex, and Filevine as specialized options worth considering.

This post outlines key resources for managing Colorado IOLTA accounts and recommends keeping at least $100 of firm funds in these accounts to cover fees.

Certainly, in this quick guide, we highlight the key resources we use for managing California IOLTA trust accounts.

This blog post serves as a resource guide for managing Arizona IOLTA trust accounts, pointing readers to valuable tools and references.

This blog post outlines a specific exception that allows law firms to deposit their own funds into an IOLTA trust account

This blog post offers a concise overview of the IOLTA Trust accounting requirements for Connecticut lawyers, as laid out in Rule 1.15 of the Connecticut Practice Book. It lists essential accounting elements such as General and Client Ledgers, and explains the need for a triple reconciliation summary.

In this video post, we offer a valuable resource for law firms by presenting a video overview of a complete IOLTA Trust account reconciliation—an example of which is often hard to find.

We help law firms pay vendor bills by automating their accounts payable process. This video provides an introduction to our processes and software tools.

Discover how opting for an S Corp tax structure can significantly impact your law firm's liability for Social Security and Medicare taxes.

Navigating the financial implications of choosing an S Corp structure for your law firm involves understanding additional costs ranging from payroll services to tax preparation.

Determining a 'reasonable salary' for law firm owners operating as S Corps is a critical yet nebulous task, as the IRS provides only general guidelines.

Explore the different legal entity structures and tax options available for law firms in our introductory video blog post.

Delve into the intricacies of using preprinted deposit slips for IOLTA Accounts in our enlightening FAQ video blog post.

Discover the essentials of aggregating weekly transactions for your business in our latest video blog post.

Our latest video blog post offers a Managing Partner's guide to generating accurate and actionable weekly cash forecasts for your law firm.

A walkthrough the weekly cash forecast we create for Law Firms.