Legal Research and Legal Accounting

When most people say, "I want to be a lawyer", they really mean "I like to argue". Those who go into the profession in the real world know that the daily grind of practicing law has less to do with being good at arguing and more to do with research and business skills. While a legal education goes a long way towards helping you learn to deal with the former, the latter can be problematic for some new lawyers. In reality, though, many of the skills that you use in research can help you in accounting.

The Importance of Proper Research

In many ways, the law is less about finding new arguments than it is about being able to successfully adapt older arguments to new circumstances. Your law school curriculum likely placed a high priority on research, generally forcing you into long hours in the library or on the computer. One thing that you may have learned is how important it is to perform due diligence. The failure to find the right ruling or law in law school may have hurt your academic performance, but the lessons learned might help you to avoid committing malpractice in the real world.

The Importance of Proper Accounting

Legal accounting might not be a topic that you were taught in law school, but it is something that is incredibly important for a lawyer attempting to run his and her own firm. If you look into the statistics, you will find that one of the most common reasons that an attorney will run afoul of his or her local or state bar is a failure to prevent the co-mingling of funds. While there is a great deal that you can do on your own to make sure that your money is kept separate, it usually takes a great deal of time and effort to keep one's legal accounting processes up to speed.

Computer Skill

Legal research and legal accounting both rely on the same principles. You must be diligent and willing to make use of the right tools if you want to properly run a firm and represent clients. Doing so in the modern day takes not only having a keen legal mind, but also being willing to use the tools that are available to make your life a bit easier. If you can find the right programs that will allow you to manage your money as well as your legal research, you can take the time to master the necessary computer skills to run a firm.

If you want to work on your own or build your own firm from the ground up, it is important that you master research and accounting skills. Doing so will require you to make use of new technologies and new programs in addition to what you learned in school. If you are able to put yourself in a position where you can handle both the legal research and financial aspects of legal accounting , you can find true success in the field of law. Rate this Article

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Emily Lange has published 76 articles. Article submitted on November 21, 2013. Word count: 417

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