Law Firm Survival Skills: Business Accounting Basics | CosmoLex Webinar
As a lawyer, you know this – sometimes a “simple thing” is not so simple. That’s indeed the case with law firm bookkeeping, where just the act of keeping your general ledger and journal entries accurate is no easy matter.
That’s because law firms often use a general accounting program or a general practice CPA — and the complications and nuances of legal business bookkeeping go far beyond what general accounting solutions or general practice accountants can handle.
On the plus side, proper attention to your legal business accounting can help you leverage your cash flow, uncover new revenue streams, and focus your energy on areas of your practice that are the most profitable. On the downside, keeping incorrect books leads to compliance or ethics violations that can sink even the best law practice.
The stakes are high, so high that every lawyer needs to understand how to maintain precise, compliant accounting books. Please do justice to your firm, and take a few minutes to attend this special Webinar – Law Firm Survival Skills: Business Accounting Basics