What is keeping your attorney up at 2 a.m.? It’s probably worrying about accounting and reconciling their IOLTA account.
Paul Garibian is here to talk about how Nota will help you reconcile your IOLTA account in real-time. It closes the loop between your bank account, checkbook, and client ledger. This tool sits at the intersection of the legal and financial industries.
Nota’s mission is to reduce the burden of accounting and compliance on attorneys so they can focus on their practice. They have partnered with solo and small law firms to design the tool needed for that community.
You no longer need to be a CPA to understand trust accounting. Nota has revolutionized and radically simplified this somewhat ambiguous process. They have made it so simple for an attorney to tag transactions directly in their bank account they can do it from their smartphone.
Nota provides a paper trail, along with checks and balances, that gives you the peace of mind that everything is being accounted for properly. You’re also getting a team that’s continually reviewing and looking for mistakes on behalf of their users.
What You Will Learn in this Episode:
- Why attorneys have so much anxiety around accounting
- How Nota is radically simplifying IOLTA accounting
- Why your firm needs to keep adopting new technology
- Where you can get time back to focus on serving your clients