Financial Reporting

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Enabling You To Practice Your Profession

20Apr

by LPS

Building a Strong Financial Foundation: Reporting Essentials for Small Law Practices

Running a small law practice is never easy: from maintaining the relationships of the clients and ensuring the quality of the services provided, a law firm should be healthy financially. While financial management may not be every attorney’s strong suit, it is crucial to both a growth and a sustainability

9Mar

by LPS

From Numbers to Insights: Streamlining Financial Reporting in Small U.S. Law Firms

Financial reporting can indeed be an area of practice that is so critical and at the same time pretty complex. In fact, in the case of smaller law firms in the United States, resources can be so low-key that it may seem pretty ominous. Though rather demanding, financial reporting, if

24Jan

by LPS

Financial Reporting for Small Law Firms: A Practical Guide to Success

Introduction Success and correct running of a small law firm revolves around financial reporting. Good bookkeeping not only meets necessary legal and regulatory requirements but also assists decision-making from an informed perspective. Financial reporting has proved to be one of those tasks a small law firm may view as impossible.