Clio | Xero | QBO Accounting for Law Firms
Explore legal accounting essentials: compliance, financial management, tech tools, taxation, and strategic insights for attorneys' financial success.
When attorneys think about conflicts of interest, they usually picture ethics rules, client intake checks, and courtroom disclosures. But conflicts don’t live only in case strategy—they also live quietly in the financial systems that support a law firm.
That’s where legal accounting matters.
A legal accountant doesn’t just “do the books.” They operate inside a tightly defined ethical framework that protects your firm, your clients, and your license. And when those boundaries are misunderstood—or ignored—the consequences can be serious.
Let’s talk about what conflicts of interest look like in legal accounting, and why choosing the right accounting partner makes all the difference.
In the accounting world—especially when serving law firms—conflicts of interest arise when professional judgment could be compromised, intentionally or unintentionally.
Some common examples include:
Self-review threats
An accountant should never
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