I left a small firm and started my own last month. Thirty clients (read cases) came with me. I have no flat fee clients because I solely practice litigation which does not lend itself to flat fee payments. Ok, so thirty clients (cases), all of which are on retainer fee. All client fees have been dumped in my IOLTA. I've been keeping track of everything by hand because I am at a loss when it comes to finding a good accounting program. My old firm used QuickBooks...which I have decided I will need to take a class at a community college to understand how to use. There has to be an easier way...RIGHT? An updated way? A more user friendly way? I've checked out lots of other programs. Xero, LawTrust, LegalBilling, PCLaw (hella expensive), Abacus (pricey), BillingTracker, etc...
Just to save folks time...Freshbooks is out. It's cute and pretty but it doesn't get the job done.
I need a program that can handle 30+ client trust accounts, money coming and going, frequently. Many of my cases involve not only paying for filing fees but also, paying experts, transcripts, appellate fees, daily expenses for elderly clients, maintenance fees for abandon properties, etc...
I don't need a billing program ( It seems some attorneys get the two confused).
My fear is that QB will be the right fit for my practice (not for me) even though I am in denial.
Any other attorneys out there who deal with a very active IOLTA account? What accounting program do you recommend?
Oh and just in case someone is tempted, I cannot just keep track of the deposits and expenses by looking at my checking account. The Bar will surely scream, "off with her head!" Just thought I'd add that as I've seen a response to that effect in another thread. comical and scary.
Thanks so much for any recommendations.
Also, please do not respond in tech-y language. Computer-illiterate language only please. Much appreciated.
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