THE LATEST DEVELOPMENTS IN LAW FIRM ACCOUNTING

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Escrow Account Misuse Results In Attorney’s Suspension

In Matter of Kayatt, the attorney was found guilty of professional misconduct and suspended for a period of two years. The attorney had been practicing law for over 30 years, primarily focusing on matrimonial matters, when she was charged with…
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Attorney Suspended For Having Maintained Personal Funds In Trust Account And Paid Business And Personal Expenses From Account

In Matter of Walters, 2018 N.Y. App. Div. LEXIS 519 (1st Dept. Jan. 30, 2018), the attorney was suspended for over two years because, among other things, he maintained personal funds in his trust account and paid business and personal expenses…
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Navigating the Complex World of Law Firm Tax Regulations: How Lawyers Are Adapting to an Evolving Landscape

The Tax Cuts and Jobs Act of 2017, which brought about a host of changes that have affected lawyers in a number of ways.

Law Ledgers is an accounting firm providing full-charge tax and bookkeeping services to New York lawyers and law firms.  Our work focuses on meeting the unique needs of the legal profession, assuring compliance with the stringent record-keeping and reporting requirements of doing business and paying taxes in New York while also maximizing profits. To learn more, call us at 1 (929) 327-7711, or contact us by e-mail for general inquiries at staff@lawledgers.com.