Checklist for Conducting Your Law Firm’s Year-End Financial Review
Attorney at Work
DECEMBER 3, 2021
A major red flag is having one employee who has all financial responsibility: check writing, bookkeeping, trust accounting and reconciliation, as well as maintaining all communication with your financial partners and bank. Checks and balances are key. Often, there is no ill intent on the part of the employee, just a lack of knowledge.
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