We see this as an extremely valuable learning exercise for these students to well prepare them to finish out the second and or third year of law school and have on their resume a very valuable experience having worked through and lived through this simulated exercise over eight weeks.
[It will be] just like being a summer associate in a law firm.
— Michael Volpe, co-chair of Venable’s labor and employment practice group, commenting on the firm’s simulated summer associate experience at a “virtual” law firm. Venable has teamed up with New York Law School to create and put on this eight-week training program in record time. “I think people recognize what this summer means to a large group of law students who otherwise will lose their summer and will lose out on tremendous opportunities,” said Anthony Crowell, dean of NYLS.
The Law Firm’s Guide To Trust Accounting And Three-Way Reconciliation
Proper trust accounting and three-way reconciliation are essential for protecting client funds and avoiding serious compliance risks. In this guide, we break down these critical processes and show how legal-specific software can help your firm stay accurate, efficient, and audit-ready.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.