A Matter of Law Firm Financial Practice & Trust: Everything You Wanted to
Know About Trust Accounting But Were Afraid to Ask
CLE CREDITS: 3.5 ethics (PRACPRO)
The attorney’s most sacred obligation is protecting her clients, and that obligation takes many forms. One of the most obvious (and highly-regulated) requirements attaching to that obligation relates to managing clients’ funds.
Even so, many attorneys overlook or misunderstand what they need to do in terms of managing IOLTA trust account funds. In practice, this often means that attorneys are, even unintentionally, impermissibly comingling funds between accounts, or worse, converting funds for their own use that they should be holding on behalf of their clients as financial fiduciaries.
Even if such actions don’t lead to an ethics investigation or penalties, clients are damaged when their lawyers don’t manage their money appropriately; and, in the case of IOLTA funds, legal charitable endeavors see reduced contributions, which has a significant effect on access to justice initiatives.
This program represents an opportunity for you to learn how to manage the law firm’s financial practices, with a spotlight on trust funds and the IOLTA account, for the benefit of yourself and your clients.
Our faculty will take a practical approach to teaching you the ins and outs of law practice financial and trust fund management, including an interactive segment.In addition to legal trust bookkeeping, you will learn how others have made mistakes to avoid, and how you can adopt the best trust accounting practices.
For topic descriptions and faculty, download the brochure above.
MSBA Standard Member: $175
CLE Club Member: $115
Support Staff of Club Member: $115
MSBA Member admitted to practice after January 1, 2014: $120
Legal Support Staff/Paralegal: $125
Supported Operating Systems:
• Windows 7 or higher
• Mac OS X 10.5 or higher
Operating System: Windows XP
If you are using Windows XP you need to use the alternative viewer link called “Silverlight Player”, which is located under the “Help Tab” within the viewer.
• Internet Explorer 9 or higher
• Google Chrome
• Mozilla Firefox
• Safari 5.0 or higher (for Mac)
A Cable or DSL internet connection providing
2-3Mbps is highly recommended for the best streaming experience.
If you will be accessing any of the online content at a work location, it is HIGHLY recommended that you first check with your IT department or Network Administrator to make sure that you have appropriate permissions to install programs and/or the ability to access streaming media.
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