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Jan 33 min read
New for Ontario Lawyers in 2025: Client Contingency Plan
This article provides an overview of the new Client Contingency Planning Requirement for Ontario lawyers.
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Dec 3, 20243 min read
5 Financial Terms Law Firm Owners & Managers Should Know
5 essential financial terms every law firm must know for compliance, growth, and profitability.
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Nov 3, 20243 min read
Trust Bank Fees and Errors in Legal Bookkeeping
Bank fees and errors can disrupt trust accounts, creating unexpected challenges. This article offers steps to ensure compliance.
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Sep 30, 20244 min read
The Three Types of Legal Bookkeeping Software
Wondering about the three main types of legal bookkeeping software? Read on to discover which one might be the best fit for your practice!
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Aug 28, 20243 min read
8 Benefits of Going From Bookkeeper to Legal Bookkeeper
If you're already familiar with general bookkeeping (eg. Bookkeeping using QuickBooks), transitioning to a career in legal bookkeeping...
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Jun 1, 20243 min read
Wire or Email Transfer from Trust Bank Accounts: Compliance and Best Practices
Wire or email transfers from Trust accounts require strict compliance with LSO guidelines.
100
May 13, 20243 min read
The Importance of Form 9 Documents for Ontario Lawyers
Let's discuss the Form 9 documents under LSO's By-Law 9 (Form 9A to Form 9E).
109
Apr 5, 20243 min read
Law Society Compliance: More Than Just Dodging Fines
Law Society bookkeeping rules go beyond avoiding penalties. These practices, enhance financial management and boost law firm efficiency.
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Mar 14, 20243 min read
5 Financial Reports Law Firm Owners Should Review Regularly
The importance of regular review of key financial and non-financial reports for law firms.
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Feb 1, 20242 min read
Law Society of Ontario By-Law 9: Ensuring Regulatory Compliance
How Ontario lawyers must maintain records to meet professional obligations, including mandatory retention periods.
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Jan 3, 20244 min read
Lawyers in Ontario: Key LSO and CRA Filing Dates for 2024
For Ontario lawyers, keep track of important filing dates with the Law Society of Ontario (LSO) and the CRA for 2024.
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Dec 4, 20233 min read
The Legal Bookkeeper: Your Financial Nurse
Explore the critical role of bookkeepers in legal accounting, drawing a unique parallel between financial preparation and medical surgery.
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Nov 2, 20233 min read
A Guide to Closing a Lawyer's Mixed Trust Account
Learn to close a trust account compliantly and protect your trust funds.
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Oct 1, 20235 min read
5 Common Bookkeeping Mistakes in Canadian Law Firms and How to Avoid Them
Discover 5 key bookkeeping blunders that law firms make leading to pitfalls and disciplinary action and learn the strategies to avoid them.
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Sep 19, 20233 min read
6 Useful Bookkeeping Tips for Lawyers in Canada | Bookkeeping Matters
In this article, we discuss 6 useful Bookkeeping Tips for Lawyers to consider in managing their books.
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Aug 8, 20233 min read
The Requirements of Remote Deposit Capture (RDC) for Lawyers
RDC allows lawyers to deposit cheques remotely. But how does it work, and what legal protocols must be followed? Explore the details.
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Jul 12, 20233 min read
Staying Grounded: Legacy vs. Cloud Software in Legal Accounting
Should you stay with your traditional desktop-based legal accounting software or switch to the cloud?
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Jun 1, 20232 min read
The Cloud Computing Transformation in Legal Accounting
Exploring cloud computing's impact on legal tech: AI, automation, analytics transform the industry's future.
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May 24, 20233 min read
Legal Bookkeeping Compliance: Ensuring Value and Efficiency in Ontario Law Firms
Uncover 'The Value of Compliance' in legal bookkeeping. Learn how adherence to LSUC By-Laws enhances efficiency and prevents penalties.
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May 24, 20233 min read
LSO Spot Audit Guide: An Audit Tale
Navigate 'LSUC Spot Audit' with our 'Audit Tale'.Learn the importance of legal bookkeeping compliance and tips for a smooth audit experience
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May 24, 20234 min read
Cloud Computing Impact: The Dark Side of Cloud Computing
Explore the rise of #CloudComputing and its impact on businesses, with insights on data security and legal practice management. #TechTrends
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