In this episode, we break down the pros and cons of today’s leading legal accounting tools—Clio, LeanLaw, CosmoLex, MyCase, and PracticePanther. We compare features, pricing, user experience, and explore how each integrates with QuickBooks.

Do you agree with our decisions? How would you fill out your own Software Showdown bracket? We want to hear your thoughts!

02:05 Transition to Legal Accounting Software
02:47 10-99 Forms and Client Issues
03:44 Software Showdown Introduction
05:59 Trust Books Overview
09:04 Lean Law Overview
16:59 Clio vs. CosmoLex
18:40 Diving into Software Usability Issues
19:33 CosmoLex: The Best All-in-One Solution?
21:03 The Pros and Cons of Clio
29:20 Comparing My Case and Practice Panther

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Find us on YouTube as well!

If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

Dive into trust account pitfalls as we explore real-life fraud cases, cybersecurity risks, and how mishandled workflows lead to compliance failures. Learn practical safeguards, staff training tips, and best practices to protect your firm’s trust funds - with a fun quiz to test your knowledge.

01:31 Listener Question: Preventing Trust Account Mishaps
01:59 Cybersecurity and Trust Account Safety
05:07 Real-Life Scenarios and Best Practices
08:19 Flat Fees and Trust Account Compliance
18:57 Trust Account Mismanagement
19:44 Importance of Proper Workflow
21:31 Handling Cash in Law Firms
22:46 Billing Errors and Best Practices
25:42 Trust Fund Protocols and Training
27:39 Fraudulent Checks and Money Laundering
28:57 Game Show: Trust Account Scenarios

Be sure to subscribe for more episodes!
Find us on YouTube as well!

If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.

In this episode we break down the accounting pitfalls law firms face - from IOLTA missteps to messy trust reconciliations.

We explain why early legal-accounting support matters, how to handle credit card fees correctly, and the key practices that keep firms compliant, confident, and profitable.

00:53 Demystifying Accounting Concepts for Law Firms
01:43 Understanding Trust Accounts and IOLTA
02:52 Reconciling Accounts and Compliance
04:49 Importance of Proper Record Keeping
06:44 When to Hire a Legal Accounting Professional
07:53 Common Mistakes in Legal Accounting
12:39 The Value of Specialized Legal Accountants
14:07 Random Conversation and Initial Connection
14:25 Common Mistakes in Legal Accounting
14:52 Challenges with Trust Accounts
17:57 Importance of Proper Documentation
20:34 Credit Card Fees and Client Relations

Be sure to subscribe for more episodes!
Find us on YouTube as well!

If you have questions, topic requests, or guest suggestions you can email us at info@accountantslawpod.com or send us a message through our website, www.accountantslawpod.com

If you want to join us in the Accountants Law Lab, visit our website at www.accountantslawlab.com to sign up!

Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.