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The law practice management platform Filevine has added the build-in ability for law firms to accept electronicpayments from clients, capping off its suite of time and billing capabilities in a new feature set it calls TimeTracking, Billing, and Payments.
Similarly, if the client paid a retainer that the firm bills against, timely withdrawal of earned fees becomes crucial to avoid commingling firm funds with client funds. Consequences of Commingling Funds Whether intentional or accidental, attorneys found to have commingled funds can face a variety of consequences.
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