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Paying the Firm from Advance Retainer Deposits – Efficiently and Ethically

By Ivon Lerdorf Subscribe to RSS | January 20th 2012 | Views:

Lawyers have a unique opportunity when it comes to getting paid: the advance retainer deposit.

So why is it that lawyers don’t capitalize on the opportunity to have money in a trust account before doing any work for their clients?

If you think that you don’t need time and billing software for attorneys, ask yourself if you can accurately say how much money each client has on deposit with your law office right now.

When your primary focus is meeting your responsibility to your clients, you often forget about your responsibility to be profitable – which is why you need Easy Soft’s “Easy TimeBill” and “Easy Trust” software products. You can keep your firm in the black using this combination of billing software for attorneys and trust accounting software for attorneys.

Easy Soft’s trust accounting software for attorneys you enter amounts of advance retainer deposits made by clients, manage disbursements, and see reminders to ask clients to refresh their advance retainer deposits.

When you use the trust accounting software for attorneys with the Easy Soft billing software for attorneys, you see information about the client’s advance retainer deposit balance each time you start billing on a client file. This integrated use of two legal billing and accounting software products means that you will always know whether your client has enough money on deposit to pay for the work you are about to perform.

At Easy Soft, our products are designed specifically for attorneys. We know that there are several critical steps involved in legal billing and accounting software, and our software is designed to help you meet those ethics requirements.

If you want to ensure that your law firm is using an automated, systematic approach to billing and trust accounting, you need to implement Easy Soft’s law office billing software. To do anything else might just be objectionable.

Ivon Lerdorf - About Author:
A comprehensive guide for law firms to understand, evaluate and select proper legal time and billing software, time billing software reviews, law firm billing software, divorce settlements software, law office billing software and legal billing software.

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