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Month: October 2018
How Software Makes Legal Accounting Seamless
If you’re depositing retainers and other fiduciary funds into an escrow account, our last post provided some helpful rules of thumb for flawless trust fund accounting – in accordance with your state requirements. >
While you weigh the advantages of an integrated Attorney billing and trust accounting software , consider this. As a bookkeeping concept, trust accounting is fundamentally different from other types of accounting. It’s way more detailed. It must be capable of:
Supporting monthly bank reconciliations.
Producing three-way – not just two-way – reconciliation statements.
Furnishing details about general ledger balances, i.e. whether funds have cleared the bank.
Preventing common trust accounting mistakes, such as ledger card overdrafts, co-mingling with other ledger cards, duplicate check numbers, etc.
Printing checks, deposit slips etc.
Easy Time Bill closes the loop. Our legal billing software provides the following information at a glance:
Unbilled Balances: The legal billing software totals recorded but unbilled time and expenses.
Unpaid Balances: The billing software totals billed but unpaid time and expenses.
Operating Retainer Balance: The billing software displays each client’s current retainer balance-as it sits in your firm’s operating account.
Trust Retainer Balance: The billing software displays each client’s current retainer balance-as it sits in your firm’s trust account, or escrow account.
Viewing these four balances for each matter at a glance increases your accuracy-and puts you in control of your responsibilities, your accounts, and your cash flow. Specifically:
If the Unbilled Balance exceeds your comfort zone, you can invoice immediately-rather than waiting
until a scheduled billing date.
If the Unpaid Balances are rising, you can start sending payment reminder letters-along with overdue invoices.
If your invoices are unpaid, Retainer Balances are available, and your client engagement letter allows
you to do so, you can apply the balances to your unpaid invoices immediately.
When you have both software systems, your accounting suddenly works like magic.
Easy, right? That’s why it’s called Easy Soft.
Author Bio
Easy Soft specializes in helping law firms automate their processes, streamlining repetitive tasks and work flow with law practice management software. Practice management software such as law office billing systems and legal time tracking software.
Top 5 Reasons For Choosing Legal Separation Over Divorce
Choosing between legal separation and a divorce is often a difficult decision. There are a number of life situations when legal separation makes sense.
Here are the top five reasons for choosing legal separation over divorce:
1. Uncertainty: Legal separation may be a good starting point if a couple is not certain they want to end their marriage. If the couple decides to reconcile in the near or distant future, a legal separation can be reversed. A divorce cannot be altered or reversed. There is no need to remarry with a legal separation because the marriage was never dissolved.
2. Personal Preference: For some couples, a legal separation makes sense when neither party plans to remarry in the near future or there is simply no desire to fully dissolve the marriage.
3. Religion: Sometimes couples choose a legal separation for religious reasons. For example, there is a desire to live separately but the couple wishes to maintain the covenant vows made on their wedding day.
4. Children: Divorce can be very difficult for children. Some parents choose to legally separate and put off a divorce until after their children leave the home or until their family is ready to deal with the significant life changes divorce causes.
5. Necessary Division: Legal separation is a helpful option for couples that live in states with lengthy separation periods prior to a divorce. During the separation period, the couple can resolve issues such as the division of property. The benefit is that this prevents the couples assets and debts from being further intertwined during the separation period.
These are common reasons for choosing a legal separation, but remember that every situation is different we recommend that you seek the advice of an attorney.
Defending Drug Crime Charges with Legal Help
Why is it always a better option to get legal help from the initial stages? Why does it become even more important if you were facing criminal charges? The reason is simple – you need to get a criminal lawyer from the initial stages of the case to ensure adequate legal representation and proper defense.
Drug related crimes are among the worst of the lot. Why is this so? The degree of the penalties you may suffer on conviction is what makes this serious. Which activities classify in this category? What possible consequences may you face? Which defenses may work in your case? Your lawyer is best suited to provide these answers.
Mere possession of drugs may not lead to much trouble, and you may get away with a simple -possession’ charge and admission into a corrective program. However, if the quantity of drugs you possess is very high, you may face possession with intent to distribute charges, which may result in penalties that are more serious.
Manufacturing or producing drugs is also a criminal charge. If the law enforcement search results in findings of marijuana plants, cannabis seeds, equipments and tools, and such items on your person or property, you may face such charges. Even possession of drug paraphernalia is a criminal offense.
The most serious in the category of drug crimes is perhaps drug dealing or trafficking. If you trade in drugs, you may face these charges and need a criminal lawyer for defense. The charge you face depends on certain factors – the type and amount of drug, the geographic area of trade, the involvement of minors, and injury or death as an effect.
Possible penalties on conviction may range from admission to a rehabilitative program to life imprisonment and even the death penalty. A hefty fine to compensate for the losses of victims is also another possible penalty. Other possibilities include probation and parole, restitution, and so on.
Criminal laws are very strict about punishing such offenders. However, as per the American legal system, you are innocent until proven guilty. What you need to do is get a good criminal lawyer to work on the case on an immediate basis. Whether it is a manufacturing charge or a trafficking one, the right defense may let you go free.
Working out plea-bargain, using an alibi, opting for an affirmative defense – the options are various. If you have a competent lawyer, he/she may help you utilize the right strategy to avoid conviction.
Dave Watson, a legal consultant, offers practical tips for people trying to find legal solutions regarding criminal laws. If you were looking for a Criminal Lawyer, he suggests you to visit http://www.miami-criminal-lawyer.net/ .
Have You Been Injured Advice To Help You Navigate The Legal World
When dealing with a personal injury lawsuit, don’t underestimate how sticky things can get. You make a real decision to get justice, but how do you know you will prevail? You need to know a lot to be successful. This article can assist you in doing that. p>
Read online reviews to help you select a good personal injury attorney. Don’t choose someone based on their TV commercial. You should instead contact several lawyers and ask questions about their experience and qualifications.
Look online for a personal injury lawyer with a good reputation. You can find a great deal out this way. The key is to find someone that has a great track record, in addition to a great education, so that your chances are as good as they possibly could be.
Talk with a personal injury lawyer so that you can see if your dispute can be settled outside of court. Not only can you be less stressed out when all is done and said, court fees will be lessened as well.
Avoid lawyers who use flashy ads to draw people to them. You should never rely on advertisements when finding a lawyer. Meet them in person before hiring them.
Remember that when you hire a lawyer, you are in charge. You are paying, and you should be respected and given good customer service. Do not hesitate to hire a different lawyer if the professional you chose is not doing their best to work with you. Additionally, if you are unable to reach the attorney, it may be time to find a new one.
You should be careful and document everything when dealing with your insurance agent. You’ll probably be involved with an insurance company during the claim, so be careful. The purpose of these businesses is to have the matter solved as fast as possible. You might wish to speak with a lawyer prior to accepting anything an insurance company wants to give you.
If it’s just a bit of pain following an accident, you may not need to talk to a lawyer immediately. Small incidents occur everyday and should not be a cause for a lawsuit. If, however, you feel this pain will not stop after a few days, you will need the help of a good lawyer.
When meeting with an attorney, ask him questions about your case. Ask how long the case will take, what you can expect, and whatever else is on your mind. Being prepared with questions can help you to get a really good feel for the lawyer.
It is not uncommon to have back pain. You most likely need help if you suffer a personal injury. If you are not careful, remember not to overdo things you could exacerbate your injury. Ibuprofen is another form of relief that can make you feel better.
Make sure to hire an attorney prior to giving any sort of statement about injuries you’ve received to claims adjusters or anyone else. Your lawyer needs to advise you before you put something on record that could be used in court later.
If he has experiences with cases like yours, ask any prospective lawyer. This can help determine their effectiveness. A lawyer that deals with these cases often will be more effective than one that does not have a lot of experience.
If you have physical signs that you have been hurt, and have taken pictures, do so before you see a physician. This will prove how extensive your injuries were, making your case is stronger. Your compensation can be significantly influenced by how severe your injuries are.
Never rush yourself, and make sure you take note of all options available to you. Finding a personal injury attorney take time and patience. New personal injury firms crop up all the time, and the ones that used to be good may not be on the radar now.
Many companies have some sort of insurance to protect them from personal injury lawsuits. If you were harmed while at work, you should speak to a lawyer right away. Thereafter, any correspondence between you and your employer should go directly through your attorney. This provides a record of all communication.
You should be prepared to fight a winning battle after reading this article. You simply need to apply the tips in the article and make smart decisions. If needed, bookmark this article and refer back to it for guidance.
Kyle Dellucci is a freelance legal writer who specializes in writing on a variety of legal topics such as personal injury law. He highly recommends Accident Attorney for auto accident lawyers. Kyle spent 6 years as a paralegal and serves as a copywriter for various law firms.