LexisNexis® Legal Newsroom
How to Manage Your Law Office: Internal Controls

Internal controls are important to prevent error and ensure integrity of accounting records as well as to reduce the risk of misappropriation of assets (fraud). A good system of internal controls protects both the firm and its employees. Designing such a system requires one to consider the resources...

Increasing Collection Rates

Good billing practices can help you get paid for the work you've done and improve your client relationships in the process One common experience for small and mid-sized law firms is the growing amount of receivables. Usually, there are two reasons why bills don't get paid on time or at all...