Maybe Your Paralegal Shouldn’t Be Handling Bookkeeping…

Your paralegal is great at their job. That is exactly why they should not be doing your books.

In this episode of Accountants Law Pod, Lynda and Steve make the case for why assigning bookkeeping to your paralegal is one of the costliest mistakes a law firm can make. From trust account disasters and reconciliation nightmares to payroll privacy risks and bar audit exposure, they break down the real consequences of this all-too-common decision and what to do instead. If you are a paralegal currently doing the books, maybe share this one with your boss...

02:20 Why Paralegals Shouldn't Bookkeep
03:15 Real World Bookkeeping Horror
05:22 Reconciliation and Cleanup Risks
08:24 Payroll Privacy Pitfalls
11:30 Software Integrations Gone Wrong
14:26 Segregation of Duties Matters
18:28 Trust Accounting Audit Readiness
21:11 War Stories From Law Firms
24:51 Key Takeaways and Next Steps

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Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.