skip to Main Content

A Matter of Trust: Attorney Funds May Be Deposited Into IOLTA Account to Cover Bank Charges

This article is for informational purposes only. It is not intended to be used in place of professional or legal advice in any way. Lawyers, law students, judges, and other legal professionals in Massachusetts can find more on scheduling a Free & Confidential consultation with a law practice advisor here.

This week’s Massachusetts Bar Association Lawyers E-Journal Law Practice Management Section Featured Practice Tip comes from LOMAP. This week’s Tip runs down the ethics rules and advisories related to depositing attorney funds into trust accounts for the purpose of covering bank charges.

Read the Tip here.

CATEGORIES: Client Relations | Law Firm Management | Law Practice Startup | Risk Management | Technology
TAGS: iolta

Share This

Related Posts

an image of a person with their hand on their heart

Dealing with Secondary Trauma in the Legal Profession [Webinar]

Learn the science of secondary trauma and how to limit its impact on your mental health as a lawyer from…