When starting your firm there is so much to think about, it is inevitable that you will forget something important that may delay or inconvenience the commencement of your business.
Here is a checklist to keep you on track:
Law Society Requirements
Professional Indemnity Insurance
Practice Management Software
A Legal Cashier
Open a DX account
You might be a lawyer, however, you are also going into business for yourself with all the risks that entails. You will also want to do well.
To achieve this, you have to be organised.
It is impossible to be organised without great software.
You need to be able to:
Communicate with your clients
Record your time
Disburse money for your clients
Manage Client Money and Designated Account Money
Bill your clients
Keep the books without needing the skills of a cashier
Keep all the accounting records relating to employment and the general running of a business including you Nominal Ledger and VAT.
To keep the time you spend doing this work to a minimum you need great software as your starting point.
Go to www.legaloffice.co.uk for information and speak to John Espley. John will show you around the software that will affordably 'tick all the boxes' for you.