Blog Category: Accounting

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Why Law Firm Owners Face Cash Flow Problems

February 3, 2026
You worked hard this year. You brought in clients. You billed your cases. Your reports say...
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What to Expect When Paying $1,000+/Month for Accounting & Tax Support?

May 28, 2026
Executive Summary & Key Points The Big Picture Many solo and small law firms pay between...
Attorney reviewing trust accounting and operating accounting records with financial reports to maintain IOLTA compliance for a small law firm.

Trust Accounting vs. Operating Accounting: What’s the Difference?

August 10, 2026
Executive Summary If you own a law firm, understanding trust accounting vs operating accounting is not...
Law firm owner reviewing bookkeeping records that do not match the firm’s bank account

Why Your Law Firm’s Books Don’t Match Your Bank Account

July 2, 2026
Executive Summary The Big Picture If your law firm’s books do not match your bank account,...
Small law firm owner reviewing Bill.com bill pay approvals and vendor payments on a laptop

Our Honest Review of Bill.com for Law Firm Bill Pay

July 16, 2026
Executive Summary Bill.com, now commonly branded as BILL, can be a strong bill pay tool for...
Law firm owner reviewing bookkeeping backwork, financial reports, and year-to-date accounting records

What Is Bookkeeping Backwork, and Does Your Law Firm Really Need It?

July 27, 2026
Executive Summary Bookkeeping backwork is the process of catching up on past months of financial activity...
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5 Common Law Firm Accounting Mistakes & How to Fix Them

April 13, 2026
Executive Summary & Key Points The Big Picture: Running a law firm without good accounting is like...
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Accrual vs Cash Accounting for Law Firms: Which Method Is Best for Your Practice?

June 11, 2026
Executive Summary & Key Points The Big Picture Choosing between cash and accrual accounting is one...
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How Much Time Does Outsourced Bookkeeping Require From a Law Firm Owner?

May 14, 2026
Executive Summary & Key Points The Big Picture Most law firm owners hesitate to outsource bookkeeping...