Without clean, accurate financial records, lawyers risk impaired cash flow, missed tax opportunities, and operational blind spots that stunt growth. One unique aspect of law firm bookkeeping is trust accounting. Interest on Lawyer Trust Accounts, also known as IOLTA accounts, are bank accounts used to hold client retainers, settlement funds, and other money that belongs to clients. The 5 Bookkeeping...

Our contingency plan template has everything you need to start the planning process. Once the key risks are identified, it’s essential to determine how they could impact your business. Let’s cover the basic contingency planning process and detail how to get yours up and running. Contingency planning helps to identify potential risks and get ahead of them with a proactive action plan. A contingency...

Discontinuation of cannabis use in any form is required for complete long-term management of CHS. A multimodal approach, including structured psychotherapy such as cognitive behavior therapy (CBT), along with addiction counseling in educating patients about the consequences of cannabis use, is necessary 92. Some patients may require rehabilitation programs to monitor the patient’s progress, ensure...