Violating trust account rules can subject a lawyer to disbarment, civil damages, and even criminal charges. Protect yourself against a potential trust account violation by increasing your understanding of trust account compliance and the ethical implications of your conduct. This course will cover the five biggest trust account misunderstandings and your duty to preserve and safeguard client funds and property. We’ll go over what are qualified and non-qualified funds, what does and doesn’t belong in a trust account, and the difference between commingling and safekeeping. We will discuss actual situations and reported cases where disputes have arisen, and strategies to resolve those conflicting claims. This course will also discuss best practices for maintaining financial control of your legal practice.
See How Many Credits This Course Fulfills For Your Bar Association: