Handling client money is a very serious affair in a small law firm practice. Non-compliance with the set requirements may lead to serious outcomes that range from loss of licensure and reputation to financial implications. This article will explain what client fund reconciliation is, its major strategies, and the best

In the legal field, trust is paramount in relationships with clients. To the small law practices, keeping finances transparent and accountable means being in adherence to an ethical obligation. Among the most critical aspects that guarantee the undertaking of trust in proper form is the mastery of the art of

Good management of client funds is central to any small law practice in the United States or constitutes any important basis of the practitioner’s profession and ethics. With rigid requirements prescribed by state bars’ regulatory bodies, it constitutes not only a legally required duty but also good business nonetheless. This