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Legal Technology Providers: Choosing a Trustworthy Partner

MyCase

There are several legal case management solutions on the market, many of which focus on different features. Legal Case Management Software Case management software centralizes and organizes client data while streamlining processes. The bank statement serves as the objective, third-party information.

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How Do You Perform a Three-Way Trust Account Reconciliation?

MyCase

In fact, you may have done a two-way reconciliation yourself when balancing a checkbook—making sure the amount of your various deposits and written checks matches the balance in your bank account. Trust Account Bank Statement The final component of a three-way trust account reconciliation is the account statement generated by the bank.

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The Top Benefits of Electronic Payments for Law Firms 

CaseFox

With the help of a secure online payment processing platform like CaseFox, lawyers can improve their firms’ finances. They can accept both debit and credit cards with CaseFox case management software. It is a network that helps individuals in transferring money from one bank account to another.

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Law Firm Management: 5 Ways to Run a More Efficient Law Firm

MyCase

The day-to-day tasks involved in running a successful law firm – including tracking deadlines, staying on top of client communications, overseeing your firm’s finances, and business development – can take up significant amounts of time. Running a law practice in isn’t easy. ” Client portal.

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How to Set Up a Law Firm Chart of Accounts

MyCase

Any interest earned on those accounts (since they operate exactly like a banking checking account), does not belong to the client or law firm—instead it belongs to the state bar, and is typically used to fund pro bono cases. Make sure to check with your local state bar association for specific standards about trust accounts and IOLTA.

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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. Set Up Financial Accounts Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. You’ll need to visit your local bank or credit union to develop a few accounts and prevent commingling.

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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. You’ll need to visit your local bank or credit union to develop a few accounts and prevent commingling. . Consider MyCase Practice Management Software .