2.10 Full-time versus Part-time Bookkeeper
You have the option of hiring either a full-time or part-time bookkeeper who attends your office on an as-needed basis. Whether you hire a full-time or part-time bookkeeper depends on a number of factors:
- the number of financial transactions that occur each month
- the timelines in which financial transactions must be entered to be in compliance with the Rules of the Law Society of Alberta
- the size of your practice and
- the type of law that you practice
For example, a small law firm of three lawyers that deals with a high volume of transactions such as a conveyancing practice would probably be best served by a full-time bookkeeper to keep on top of all the trust and general transactions. If your practice is involved in a low-volume of corporate work, a part-time bookkeeper may meet your needs. See Bookkeeping and Accounting in a Law Office.