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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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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. Finally, purchase annual malpractice insurance—even if it’s not required in your state. Set Up Financial Accounts Next, set up the necessary accounts to ensure that you’re in compliance when handling business finances and client funds. Don’t let this figure paralyze you.

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How to Start a Law Firm

MyCase

Start by calculating your personal/family finances. Purchased technology, including legal practice management software . Insurance . Finally, purchase annual malpractice insurance—even if it’s not required in your state. Consider MyCase Practice Management Software . Document management. Car payment(s).