Remove Depositions Remove Finance and Banking Remove Insurance
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The Complex World of Cyber Insurance

Complex Discovery

Editor’s Note: The increasing complexity and frequency of cyber threats make cyber insurance an indispensable tool for businesses of all sizes. million, cyber insurance offers vital financial protection. Cyber insurance serves as a financial safety net, mitigating the liabilities and losses resulting from data breaches.

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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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Law Firm Accounting Guide: 11 Steps to Boost Efficiency

MyCase

Obtaining an Employer Identification Number (EIN) is especially important for hiring employees, filing employment taxes, and opening business bank accounts. Employment taxes apply to businesses with employees and include Medicare and Social Security, federal unemployment insurance, and income tax.

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How Do Lawyers Plan for Retirement?

MyCase

In addition to changing your status, you’ll also need to inform your local bar association(s) and any insurance carriers about your retirement. . Then, determine how your personal finances will factor into your retirement budget. . Consider Retirement Benefits. Take a look at your 401k, savings, and investments.