The LeanLaw Blog
Page 17 of 38
- Accounting
What is the Proper Procedure for Handling Old, Uncashed Checks Issued from Your Trust Account?
Learn the proper procedures for handling stale checks from trust accounts. Step-by-step compliance guide for escheatment, reconciliation & prevention.
September 4, 2025 - Accounting
How to Create an Internal Control Checklist to Prevent Fraud in Your Firm's Trust Accounting
Prevent trust account fraud with our proven internal control checklist. Learn how to protect client funds and avoid disciplinary actions.
September 4, 2025 - Accounting
How to Conduct a Local Market Analysis to Determine Competitive Legal Billing Rates for Law Firms
Learn to analyze local legal billing rates with data-driven strategies. Compare rates, benchmark KPIs, and set competitive prices for your law firm.
September 4, 2025 - Accounting
A Step-by-Step Guide to Calculating and Paying Year-End Partner Bonuses from Firm Profits
Step-by-step guide to calculating & distributing law firm partner bonuses. Learn profit calculations, formulas, tax implications & best practices.
September 4, 2025 - Accounting
The Complete Guide to Managing Settlement Funds in Your Client Trust Account
Master settlement fund management with our complete guide. Learn the 45-day rule, three-way reconciliation, and avoid trust account violations.
August 29, 2025 - Accounting
Your QuickBooks Invoice Is Costing You Thousands: How to Set Up Templates That Actually Work for Law Firm Fee Agreements
Transform QuickBooks invoices for law firms. Setup templates for hourly, flat fee & evergreen billing. Collect 33% more with clear invoices.
August 29, 2025 - Accounting
How to Write an Engagement Letter That Clearly Outlines Your Firm's Billing Policy and Prevents Disputes
Write engagement letters that prevent billing disputes. Learn 5 essential components that help mid-sized law firms get paid 2x faster.
August 29, 2025 - Accounting
How to Troubleshoot and Correct Misapplied Client Payments in QuickBooks for Law Firms
Fix QuickBooks payment errors that cost law firms $87K. Step-by-step guide to troubleshoot & prevent misapplied client payments.
August 29, 2025 - Accounting
How to Build a Realistic Cash Flow Forecast for Your Law Firm for the Next 12 Months
Learn how to build a 12-month cash flow forecast that prevents the cash crunches killing 82% of businesses. Boost collections by 30-40%.
August 29, 2025 - Accounting
How to Structure a Phased Partnership Buy-In for Senior Associates
Learn how to structure phased partnership buy-ins that make equity accessible for senior associates while protecting your firm's financial stability.
August 29, 2025 - Accounting
Is a Prompt Payment Discount Worth It for Your Law Firm? The Math, Myths, and Reality
Should your law firm offer prompt payment discounts? Learn why that 2% discount costs 37% annually & discover better collection strategies.
August 29, 2025 - Accounting
Beyond the Billable Hour: Designing a Compensation Model That Actually Rewards What Makes Your Law Firm Successful
Transform your law firm compensation model to reward marketing, management & business development. Boost profits & retention with modern frameworks.
August 29, 2025 - Accounting
How to Adjust Partner Draws and Distributions During Periods of Inconsistent Cash Flow
Learn strategic approaches to adjust partner draws during cash flow disruptions. Protect your firm's stability while maintaining partnership unity.
August 29, 2025 - Accounting
What is a Law Firm Partner's Capital Account and How is it Calculated
Master law firm partner capital accounts: Learn calculation methods, IRS compliance requirements, and technology solutions for accurate tracking.
August 29, 2025 - Accounting
Case Studies in How to Build a $1 Million Law Practice with Gary Allen
Many law firms deliver exceptional legal work but still fall short financially. The problem isn’t a lack of skill—it’s a gap in business strategy.
August 28, 2025 - Accounting
The Proper Accounting Steps for Transferring an Earned Flat Fee from Your IOLTA to Your Operating Account
Meta Description: Master IOLTA to operating account transfers for flat fees. Avoid trust accounting violations with step-by-step procedures & compliance tips.
August 28, 2025 - Accounting
What to Do If You Accidentally Overdraw a Client's Funds from the Trust Account: A Mid-Sized Law Firm's Crisis Management Guide
Trust account overdraft? Don't panic. Learn the 24-hour response protocol that can save your license & prevent disciplinary action.
August 28, 2025 - Accounting
Developing a Client Acceptance Policy That Boosts Profitability and Reduces Collection Issues for Law Firms
Transform your law firm's profitability with a client acceptance policy that reduces collection issues by 70% and boosts cash flow predictability.
August 28, 2025 - Accounting
How to Track Invoice Write-Downs and Discounts in QuickBooks for Law Firms
Learn how to track invoice write-downs & discounts in QuickBooks for law firms. Reduce revenue leakage & improve profitability with proven strategies.
August 28, 2025 - Accounting
How to Prepare for a State Bar IOLTA Audit: Your Mid-Sized Law Firm's Survival Guide
Avoid IOLTA audit disasters with our comprehensive guide. Learn reconciliation, documentation & tech solutions for mid-sized law firms.
August 28, 2025 - Trust Accounting
How to Prepare for a State Bar IOLTA Audit: Your Mid-Sized Law Firm's Survival Guide
Avoid IOLTA audit disasters with our comprehensive guide. Learn reconciliation, documentation & tech solutions for mid-sized law firms.
August 25, 2025 - Accounting
Unlock the Three Pillars of Financial Excellence: How Law Firms Can Transform Their Performance with Gary Allen
In today’s competitive legal market, financial performance isn’t just about keeping the books balanced — it’s about building a thriving, sustainable practice.
August 20, 2025 - Billing
Communicating a Billing Rate Increase to Long-Term Law Firm Clients
Master the delicate art of raising rates with long-term clients. Scripts, strategies & proven methods to retain relationships while increasing revenue.
August 15, 2025 - Billing
How to Use Blended Rates Effectively for Partners, Associates, and Paralegals
Master blended rate strategies for law firms. Reduce client costs 30% while boosting profits. Proven formulas for partners to paralegals.
August 15, 2025