These services include managing client trust accounts, client retainers, and ensuring regulatory compliance. Hiring a bookkeeper isn’t mandatory, but it can be a smart move—especially as your firm grows. Accurate bookkeeping keeps a https://canvomagazine.com/how-bookkeeping-for-law-firms-strengthens-financial-health/ firm compliant, financially stable, and in control of cash flow. Law […]

However, accounting is an essential function that helps ensure your firm is profitable, your team is fairly compensated, and your accounts are compliant. We’ll also share tips, resources, and details about how law firm accounting software can help you manage accounting tasks more easily while […]

SAGE has found that 90% of accountants think accounting is going through a cultural shift that favors technology. At BGM, we know that effective cash flow management and tax strategies are the lifeblood of your business. Some firms will also intentionally use their IOLTA accounts […]