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Sharon Nelson Pens Review for Law Practice Today

May 11, 2017

Sensei’s Sharon Nelson recently reviewed “Trust Accounting in One Hour for Lawyers” by Sheila Blackford. The review was featured in Law Practice Today on April 14, 2017. Law Practice Today by the American Bar Association’s Law Practice Division is a monthly digital publication bringing you the most current information and trends in the legal industry by delivering anecdotes from professionals in the field of law.

Excerpt: “If I were any good with numbers, I wouldn’t have gone to law school.”

That is how author Sheila Blackford begins her marvelous book: Trust Accounting in One Hour for Lawyers. It made me laugh because one of the things I do for a living is audit law firms for compliance with ethical rules. I can’t tell you how many times I’ve heard the words that the author quotes. So many lawyers, young and old, are perplexed by the financial aspects of managing a law firm.

Sadly, many lawyers (and I know from auditing their practices) have no clue how to reconcile their trust accounts. Worse, they don’t know or comprehend the ethical rules surrounding trust accounts. If you need help with trust accounting, this book will be a godsend.