Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

The Accounting Mistake That Can Make You Pay Double #legalaccounting #lawfirms

5 May 2026 · 1 min

Watch on YouTube

0:40

Lynda Artesani explains how undeposited funds can cause law firms to pay double taxes on the same revenue. Weak back-office workflows can leave firms cash-strapped despite strong billing. Compliance-driven benefits implemented without due diligence create additional financial and regulatory risks.

Chapters

But they don't know anything about undeposited funds. They don't look there. So you've got years worth of that up there. That's a huge mess to fix because now you're doubling up your income. Do you really want to do that? You want to pay double what you shouldn't? You know, if you have the right people in place that know what they're doing and know your industry, I think that that's the key to avoiding all the common mistakes in legal accounting.
Or what have we seen, Lynda? So you don't actually— you do great at billing. You have no workflow on the back end, so your cash is tight. Or the other thing, and I understand this, you're required because of compliance sake to offer a benefit, but you really didn't do your due diligence.