Episode

26 Sept 2024 · 32 min

0:00

In this episode of the Accountants LawPod, hosts Lynda Artesani, Sarah Prevost, and Stephen Libhardt discuss how accounting professionals can effectively conduct file reviews for law firms. They cover why and how to charge for reviews, pricing ranges based on firm size, and the importance of treating the review as a professional service. The conversation moves through concrete workflow steps: starting with the balance sheet, reconciling to the most recent tax return, examining audit logs, and checking trust‑account balances. They compare cleanup versus rebuilding a messy file, advise on using QuickBooks, Xero, or Clio integrations, and suggest practical tools such as Loom video walkthroughs, the "What's That Charge?" lookup service, and a review checklist. Communication best practices are emphasized, including designating a single point of contact, setting clear expectations, and avoiding judgment of prior bookkeeping work. The hosts also share anecdotes about software migrations, regional considerations, and client‑facing issues like suspense deposits and undeposited funds. The episode ends with a call to action for listeners to subscribe and join the Accountants Law Lab.

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