Generic accounting programs aren't designed to handle these specific challenges, or to move money around seamlessly. Even many law firm billing software programs don’t always support the circumstances at hand.
<p>If you're the kind of
lawyer whose clients come to you with a single matter or case, then for you,
there isn't much of a discrepancy between client and matter billing. You treat
them as one, and your <a href="http://www.easysoft-usa.com/trust-accounting-software.html">escrow
accounting</a> follows suit. </p>
<p
align="left">But let's say you're the kind of lawyer that has
corporate clients assigning you multiple matters - all very similar. Say you're
collecting bills on behalf of a utility or cell phone company. The company
(your client) has 1,000 unpaid accounts. You successfully collect on all
accounts - leaving you with 1,000 different checks. </p>
<p
align="left">Now: the state ethics rules want you to keep matter
funds separate. So where do you keep these payments, pending transfer to your
client? Are you going to cut 1,000 different checks for each, and deposit them
into separate accounts? What about your fees? Are you going to require your
client to divide that into a separate amount for each matter? How would you
even do the math? </p>
<p
align="left">You can cut a single check to your client, but you
need to annotate the check with reference numbers for the accounts that have
been satisfied. You can receive a single check (for your fee) from your client,
but in nearly all cases, your rules require you to track and segregate each
matter - on a matter level. Generic accounting programs aren't designed to
handle these specific challenges, or to move money around seamlessly. Even many
law firm billing software programs don't always support the circumstances at
hand. </p>
<p
align="left">What you need is software which is both granular
enough to itemize all matters in your record keeping, and yet flexible enough
to translate the actual monies into a single check <em>for </em>or
<em>from </em>your client. That's where our legal <a
href="http://www.easysoft-usa.com/trust-accounting-software.html">trust
accounting software</a> comes in. </p>
<p
align="left">Easy Trust allows law firms to cut a single check, and
charge it to thousands of matters. Your client gets clean records, and no one
has to spend all afternoon at the bank writing or depositing checks. </p>
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