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Avoiding Common Trust Accounting Errors for Well-Intentioned Lawyers

Attorney at Work

If a client deposits $3,000 into your trust account, they need to have a $3,000 credit in your trust account. If you have credit card processing set up to subtract processing fees before making the deposit, the client will have less than $3,000 in the trust account after the deposit is made. This is not right.

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How Do Lawyers Plan for Retirement?

MyCase

Office space and administrative assistant: Some firms will continue to provide office space, access to an assistant, and even participation in partnership meetings. Accounts receivable/work in progress (AR/WIP) at the time of retirement : This is often tied to the firm’s current revenues and paid over several years. .

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Three Tips on How to be a Great Mentee

Attorney at Work

An analogy might be asking yourself if you’ve made sufficient deposits in the relationship “bank” before making withdrawals. Is it through an administrative assistant? Be mindful of your ask, too. Make sure that it considers the strength of your relationship and isn’t too much of an imposition.

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Congressional Proposal for Copyright Small Claims Court – What Does It Suggest?

Broadcast Law Blog

The Copyright Office will render legal and administrative assistance to the new Board, but the Officers are supposed to be independent in their decision making. Discovery is generally limited to requests for admission and document production – not depositions.

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