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Year-End Bookkeeping Checklist for Law Firms: Trust Accounting and Compliance
Don't let the holiday spirit distract you from critical year-end accounting and compliance tasks. Follow this checklist to ensure your law firm's books are ready for the new year, avoiding LSO and CRA issues in the new year.
Nov 3, 20253 min read


Transaction Levy Surcharges in Ontario: What Lawyers and Their Bookkeepers Need to Know
Discover what transaction levy surcharges are, how they work in Ontario law firms, key costs, deadlines, exemptions, and best practices for accurate filing.
Sep 1, 20253 min read


From Backlogged to Balanced: How Lawyers Behind on Their Books Can Get Back on Track
Are you a lawyer who's behind on their books? Here are 8 clear steps to clean up fast and stay audit-ready.
Apr 2, 20254 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!
Sep 30, 20244 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 can offer significant benefits. With your experience in bookkeeping and accounting fundamentals, moving into legal bookkeeping presents an appealing and rewarding career path. Note: Legal bookkeeping is more commonly known as legal accounting. However, "legal accounting" can be misleading, as it might be interpreted as an acc
Aug 28, 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.
Jun 1, 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).
May 13, 20243 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.
Jan 3, 20245 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.
Dec 4, 20233 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.
Oct 1, 20235 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.
Sep 19, 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?
Jul 12, 20233 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.
Jun 1, 20232 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.
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
May 24, 20233 min read
Legal Accounting Articles
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