Category: General Article

Attorneys are known for their hard work in a difficult field of expertise, but they are not superhuman. With the many tasks involved in putting a strong case together – investigation, evidence, witness statements, etc. — the workload can be overwhelming for a legal team. Many lawyers are seeking the services of a litigation support specialist to help ease the load on their legal team so that work is distributed more efficiently and focus can remain on the client. Consider these benefits: 

1. Professional Services 

The legal system can often seem jammed up with paperwork and red tape. A litigation support specialist would organize a team to take care of many of the tedious tasks that can eat up an attorney’s time. Their team will work arranging depositions and having them recorded and transcribed, having subpoenas served, and making sure court deadlines for paperwork are met.  

2. Cost Reduction 

If an attorney hires an entire team to do detailed tasks, then they are paying for those employees full-time. A support team will only charge for the services that are used. Transcriptionists, investigators, and clerks are contracted on an as-needed basis saving the law office time and money that will translate to more time to work with clients along with lower costs.  

3. Time Management 

As stated before, with a support team working on the basic paperwork of a case, an attorney, case managers, and paralegals will have more time available to work on the important details involved. This may also allow an attorney to take on more cases since the ability to focus on clients increases as the workflow eases. 

Many legal offices and attorneys are calling on litigation support specialists to make their cases run more smoothly. With a hardworking team behind them, the client can become the focus and their … Read more

As an accountant for a nonprofit organization, your responsibilities differ from those of a for-profit business. Therefore, it is imperative that you are up to speed on all of the rules and regulations that apply to your business. Here are a few best practices to follow for nonprofit accounting. 

Use the Correct Software

Since nonprofits handle record keeping and tax payments differently than other companies, it is essential that you use software that is developed specifically for nonprofits, such as Abila MIP Advance. Good software will help you to stay organized and run the most accurate reports.

Keep Up With Current GAAP Guidelines

GAAP, or generally accepted accounting principles, are the standard set of rules of corporate accounting. These tend to change occasionally, and it is your responsibility to ensure that you are well-versed and up to date with them.

Understand Tax Responsibilities

Since you are not a typical for-profit organization, you are not required to pay the same types of taxes. Nonprofits are exempt from paying federal income taxes, as well as paying sales and property tax. However, there are instances where you are required to pay taxes, such as when you make money from something that is not related to your basic purpose. Familiarize yourself with these responsibilities so you don’t make any costly mistakes.

Be Realistic About Expenses

Even if you have numerous fundraising events planned and have a good amount of money in the bank, it is important to be realistic about the expenses needed to operate daily so that you don’t ever find yourself scrambling for money. Aside from money for fundraising events, you’ll also need to account for payroll, office expenses, and anything else that could potentially pop up.

Understanding the complexities of nonprofit accounting can be a challenge, but as … Read more