What is an IOLTA Account?: Overview The question “What is an IOLTA account?” is a question many new lawyers ask. Legal professionals use an IOLTA, or Interest on Lawyer’s Trust Account, to hold client funds separately from the funds of a law firm or individual lawyer. An IOLTA account is an interest-bearing checking account.
The Pv Function: Overview This lesson shows you how to use the Pv function in Excel. Most of the functions that a lawyer needs to know assist them in business and financial computations. You can use these functions to help both the law firm as well as its clients.
The Fv Function: Overview The Fv function assists you in determining the future value of an investment based on periodic but constant payments with a constant interest rate. The future value is the total amount that a series of payments will be worth at a specified future time. For example, if you saved $100
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