How and Why Canadian Law Firms Are Switching from PCLaw to Clio
Find an alternative billing structure that works for your firm. Join Mayur Gadhia, Founder of CloudAct, and Kimberly Y. Bennett, Founder of K Bennett Law LLC, to learn how different forms of billing arrangements result in satisfied clients and healthy law firm cash...
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[Ask The Experts] Selecting the Best Billing Arrangements for Your Firm
Been on hold with PCLaw support for hours? Faced with increasing maintenance fees? Is slow remote access starting to impact productivity? You’re not alone. Thousands of Canadian law firms find themselves in the same situation. Many have been with PCLaw for decades but...
Mid-Year Financial Checklist for Canadian Law Firms
Mayur Gadhia, Founder of CloudAct CPA Professional Corporation, shares his insights on the Mid-Year Financial Checklist for Canadian Law Firm. Thanks for sitting down with us, Mayur!
Canadian Response to COVID-19
What We Know About Canada’s Emergency Wage Subsidy So Far and other program available to Canadian business impacted by COVID-19. Updated on April 1, 2020 1. The Canada Emergency Wage Subsidy – upto 75% of wage subsidy: NOTE – it’s important to keep in mind there is...
ARE YOU READY FOR YEAR-END REPORTING?
We are in January again. You’re likely catching up on your emails and backlog from the holidays; however, don’t over-look that calendar year law firms should be completing their December accounts and focusing on drafting year-end financial statements. These year-end...
CosmoLex Partner Insights: Mayur Gadhia, Founder, CloudAct
Mayur Gadhia, Founder of CloudAct CPA Professional Corporation, shares his insights on recent challenges facing law firms, how technology comes into play to solve these challenges, and much more. Thanks for sitting down with us, Mayur!
Do you know your disbursements? Avoid Cash Leakage!!
Hard Cost What’s definition of Hard Cost? Hard Cost (or direct cost) can be identified as any disbursement a firm pays directly to a vendor on behalf of their client. These expenses may include filing fees, legal cost, expert witnesses, the cost of court reporters and...
2019 Year-End Financial Close Checklist for Law Firms
Attention Lawyers and Law firm: I co-presented along with CosmoLex team on Dec 12, 2019, topic - '2019 year-end financial close checklist for law firms'. If you missed the Webinar, here's the recording.
Continuous Accounting is the Key to Faster Close, Smarter Reporting
For many in the finance department, the phrase “financial period close” brings with it visions of long days filled with time-consuming, cumbersome and stressful processes. Yet, despite the time devoted to it, this record-to-report process ...
Avoiding Four Common Mistakes in an ERP Implementation and How Best to Work with Your SI
Technology implementations are always complex: There are new processes to plan for, vendors to manage, timelines and budgets to track, training, and on and on. After many NetSuite implementations, I’ve noticed ...