Determine what reports to include in monthly reporting packets to avoid leaving yourself with too much and not enough info simultaneously.

If your employee search has not turned up any traditional candidates with law firm experience, it may be time to think outside the box.

As a business owner, you need a window into all parts of your organization. In the business of law, time is money.

In Australia, lawyers may from time-to-time be provided with trust monies upon which their client still seeks to derive interest income. ...

The End of Financial Year (EOFY) is almost here and with it the last opportunity to clean up certain balances and sign-off on compliance ...

Western Australia previously intended joining the Legal Profession Uniform Law (LPUL) from 1 July 2020 alongside New South Wales and Vict...

Law firms in Australia, Ireland, the United Kingdom and United States who hold client or trust monies on behalf of their clients are all ...

With a majority of Australians working from home during the COVID-19 pandemic, it is useful to review the state of play for settling prop...

Cloud-based legal practice management software has made working from anywhere much easier, providing the ability for colleagues to operat...

Operating a trust account obligates practitioners to comply with the applicable regulations within their State or Territory. All who deal...

The compliance burden of operating client and trust accounts place a heavy responsibility on practitioners – it’s easy to get it wrong. T...

Earlier this year the NSW Parliament passed legislation changing the frequency to which legal practices were required to calculate statut...

While there are many lawyers who offer services pro-bono, the law is a business and getting paid a primary objective. While there are man...

From the practitioner’s point of view, the provision of an accurate estimate forms only part of the consideration for agreeing to represe...

Every law practice needs to have some understanding of financial performance. No practitioner can run only on ‘gut-feel’. Every law pract...

This article is designed to create discussion around the budget-setting process and issues surrounding bonus compensation schemes. This a...