Keeping It Clean with the Green: Trust Accounting Dos and Don'ts

Program Summary:
Trust account problems remain one of the top reasons attorneys are disciplined in the US. Certainly, there have been and will continue to be attorneys whose trust accounting activities are egregious and, in some situations, criminal. However, this does not account for all of the problems. Far too often, an attorney was less than diligent about maintaining proper and appropriate financial practices in the office and things simply got out of hand. This program will start with a discussion of trust accounting basics, then go on to address common missteps lawyers make and share office best practices to help attorneys stay on the right path.

A Sampling of Attendee Takeaways:

• An explanation of the basics of setting up and maintaining a client trust account
• An awareness of the importance of attorney oversight of client property coupled with the details of how to accomplish this.
• An understanding of the common missteps that others make.
• How a misunderstanding of banking terms and practices can lead to problems.

Program Materials: A 10 page set of materials will be made available to program attendees.