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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.
* Also, Buzbee has brought Jay-Z into the case with new rape allegations. [CBS News]
* Last round of rate hikes fell upon the cheapest professionals at their firms. Which is somehow being treated like a surprise that a firm would prefer to bump all the paralegals up 50 bucks an hour than try to get the client to pay another 1000 an hour for someone at the top. [American Lawyer]
* Former Biglaw lawyer jailed for stalking her neighbors. [LegalCheek]
* Dentons maintains a thorough Trump transition tracker in case you’re wondering what Fox News personality or reality TV star will end up running the Air Force or whatever. [Dentons]
Skills That Set Firms Apart
Legal expertise alone isn’t enough. Today’s most successful firms invest in developing the skills that drive collaboration, leadership, and business growth. Our on-demand, customizable training modules deliver practical, high-impact learning for attorneys and staff—when and where they need it.
* A look at Elon Musk’s insertion into the Alex Jones bankruptcy to push the principle that he is the sole owner of everyone’s Twitter accounts. [Bloomberg Legal News]
* DC Circuit upholds looming TikTok ban. [Law360]
* Investigation finds one law firm partner at the center of a lot of elders missing money from their accounts. [BBC]
* OpenAI moves to consolidate the copyright suits into MDL. Proof that they’re lawyers aren’t doing their research on ChatGPT. [The Recorder]