Managed Legal Services in the Cloud

With more attorneys and law firms making the leap to cloud computing services in order to improve the way they operate as a business, companies like Abacus Next are stepping up to provide more comprehensive packages that address every single need in the legal industry

Originally published February 6, 2017 0 0

Delegate, Don’t Abdicate, Client Trust Accounting

Well-meaning lawyers who struggle to balance their personal checking account may think the safest way to protect their client trust account is to find a knowledgeable bookkeeper or CPA to take charge of it. In practice, though, this can add up to an ethics violation for shirking responsibility to properly manage the trust account. The problem arises when the lawyer doesn’t merely delegate responsibility but actually abdicates responsibility for the trust account. What is the difference? Let’s look at two lawyers in action and inaction.

Originally published February 6, 2017 0 1