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var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.cmd.push(function() { googletag.pubads().disableInitialLoad(); });
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//this function refreshes [adhesion] ad slot every 60 second and makes prebid bid on it every 60 seconds // Set timer to refresh slot every 60 seconds function setIntervalMobile() { if (!device.mobile()) return if (adhesion) setInterval(function(){ googletag.pubads().refresh([adhesion]); }, 60000); } if(device.desktop()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [468, 60], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.tablet()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.mobile()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } googletag.cmd.push(function() { // Enable lazy loading with... googletag.pubads().enableLazyLoad({ // Fetch slots within 5 viewports. // fetchMarginPercent: 500, fetchMarginPercent: 100, // Render slots within 2 viewports. // renderMarginPercent: 200, renderMarginPercent: 100, // Double the above values on mobile, where viewports are smaller // and users tend to scroll faster. mobileScaling: 2.0 }); });
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Accounting & Timekeeping in Law Firms

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Accounting and the allied process of timekeeping are among the primary tools of management in law firms. As such, they have a place in all private practice situations, and also in the legal organizations of government and business corporations. These accounting functions should:
 
Accounting & Timekeeping in Law Firms
 
  1. Control the flow of cash
  2. Provide cash information for each type of service performed;
  3. Furnish information on which to base tax returns;
  4. Ensure that clients are properly charged and that they pay their bills;
  5. Measure performance against adopted standards or budgets;
  6. Provide information for overhead control; and
  7. in private firms the accounting functions may also provide information on which certain aspects of compensation are based, on which retainers are negotiated, and important decisions made.

This article focuses on the special accounting problems and peculiar needs of the legal profession.

The Mechanics of Timekeeping

Professional and staff time is the basic commodity of the law office. Those firms which have learned to manage the use of time carefully, and hence to use their people effectively, achieve both better client service and higher economic rewards. In order to manage time, activities must be recorded systematically. There is no substitute for time keeping.

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