5 Steps to Easy (ier) Legal Accounting
Are you still using spreadsheets and boxes of receipts for your firm’s accounting? Or worse yet, do you not have an accounting system in place at all? In 2014, there are a number of adaptive, intuitive tech tools to help take the pain out of legal accounting by getting a proper finance system in place. Accounting can be daunting, and downright terrifying (the accounting profession exists for a reason), but establishing a system that can be easily adhered to going forward is most of the battle. You have the power!
In Clio’s free Legal Accounting webinar, join Clio’s Lawyer-In-Residence Joshua Lenon, Carla Caldwell of Xero, and Omar Ha-Redeye, Adjunct Faculty at Ryerson University, as they detail five easy (or rather, easier) steps that lawyers can use to establish an accounting system in their firm:
1) Creating a chart of accounts
2) Selecting the right accounting tool
3) Determining firm profitability and revenue
4) Implementing best practices for trust accounting
5) Scheduling reviews of time entry, billing, and accounting
Providing real-world examples of accounting systems in place, and focusing on new technological tools for law firm accounting and best practices to ensure your firm’s finances are kept up-to-date, this webinar will help firms of any size get an accurate image of their finances. Not only will this save you time in the long run, but knowing what’s coming and going can actually make your firm more profitable.
Watch the completely free webinar and take the terror out of accounting. By following these simple steps, you can ensure your firm has a simple, accurate and foolproof system for accounting practices for years to come.
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