article thumbnail

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.

Lawyer 90
article thumbnail

How Do Lawyers Plan for Retirement?

MyCase

However, that age tends to be a little older in the legal profession. The American Bar Association’s 2021 ABA Profile of the Legal Profession found that nearly 14% of lawyers are working past age 65. . Mandatory retirement is a controversial topic in the legal industry. Census Bureau, the average retirement age in the U.S.

Lawyer 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

Lawyer 96
article thumbnail

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

Broadcast Law Blog

Most recently, we wrote about the legal issues that can arise by taking photos or videos from Internet sites and reposting them to your own site, or using them in on-air productions. 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.

Court 40