Bridge to Practice for Paralegals: Financial Recordkeeping for Paralegals

CPD Hour(s)
0 Substantive
1 h 30 m Professionalism

Original air date: November 26, 2019

A successful legal services practice depends on more than legal expertise or advocacy skills. When you understand your bookkeeping and trust accounting obligations, you not only make sound business decisions but also identify and avoid potential problems in running your practice. Our presenters are experienced Law Society auditors who guide you step by step through all you need to know, from trust account reconciliation to avoiding common accounting and banking errors. You also learn exactly what is expected of you to comply with the Paralegal Rules of Conduct and the by-laws.

  • Identify proper methods of disbursing client trust funds
  • Know when a trust reconciliation is required and understand its mechanics
  • Hear about monthly and yearly bookkeeping expectations
  • Learn how to handle outstanding receipts and unclaimed trust funds