GUIDE
Avoiding Compliance Issues When Getting Paid
Avoiding Compliance Issues When Getting Paid
What’s Inside?

Cash flow can easily dictate the success or failure of any business. Law firms are beholden to the same need for consistent incoming funds as every other company.

There are three primary ways law firms accept bill payments or retainers:

  1. Cash
  2. Check
  3. Credit Card

Each presents its own set of compliance concerns and requires best practices be carefully followed in order to limit risk.
There isn’t anything I don’t like. Easier timekeeping and keeps the books straight because they have to match up…we switched because it includes bookkeeping and timekeeping in one program.
Andrea C. Kryszak
Andrea C. Kryszak
Kryszak & Associates, Co., LPA
Ohio