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Legal Accounting: What You Need to Know About the Business of Law

https://medium.com/@officialmmba/legal-accounting-what-you-need-to-know-about-the-business-of-law-b8...

Why You Need a Specialist: Accountant for Law Firm vs. General Accountant

Not all accountants are created equal, especially when it comes to handling the financial needs of a law firm. I’ve seen firms struggle because they relied on general accountants who simply didn’t understand the intricacies of legal accounting. You wouldn’t go to a general doctor for brain surgery, right? It’s the same with accounting.

Accountants for Solicitors in London: Local Expertise Matters

If you’re in London, finding an accountant who specializes in working with solicitors can save you from a lot of headaches. London is a hub for law firms, and the financial regulations can be tough. A local accountant who knows these laws inside and out can help you stay compliant. It’s something I always emphasize when consulting with firms in the area.

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