It is essential for attorneys and their staff to have a good grasp of client trust accounting. Attorneys must have a clearly defined system that shows what clients have paid, where their money is going, and how much of their money in the trust account belongs to each client. In the end, it is ultimately the responsibility of attorneys to fulfill their legal and ethical obligation to clients. The purpose of this seminar is not only to inform lawyers of their financial reporting requirements, but to also provide them with practical steps to ethically manage trust accounts and effectively use forms, checklists, and guidelines for recordkeeping.
Lawyer Trust Accounts
December 2013
