Description
One of the most stringent ethical duties placed upon lawyers is safeguarding fiduciary funds. Inadvertent or negligent mishandling of a client’s money can have dire consequences, even leading to disbarment. In most jurisdictions, advance fees are treated as trust funds, and a fee dispute may be treated as an ethical violation in some circumstances.
To avoid potentially mishandling client funds, it is crucial to consistently utilize strict accounting practices and analyze appropriate trust fund procedures. This webcast will cover the stringent and complex rules governing client trust account operation and maintenance, and will include practical suggestions to avoid the nightmare of State Bar scrutiny of your trust accounts.
In this one-hour webcast, you’ll learn how to safeguard against accusations of misuse, commingling, and/or misappropriation of client funds. Join attorney Dan Siegel to:
- Discover the most common reasons attorneys may get into trouble for trust account-related issues
- Understand the basics on how attorney trust accounts work
- Learn how to properly manage entrusted funds and other property belonging to clients and third parties
- Know your responsibilities under the Model Rules of Professional Conduct
- See useful examples of trust accounting best practices
Whether you’re a new or seasoned lawyer, take this program to better understand your ethical duties when it comes to handling your clients’ money.
All lawyers can benefit from this webcast on avoiding trust account nightmares.