ISBA Mutual Lunch and Learn: Essentials of Trust Accounting: IOLTA Accounts & Beyond

When: August 14, 2019
Where: ISBA Mutual Offices
What: Lunch and Learn: Essentials of Trust Accounting: IOLTA Accounts & Beyond

This session addressed lawyers’ duties when handling client funds, starting with the requirements of Rule of Professional Conduct 1.15 (often referred to as the safekeeping of property rule). The presenters explored the specifics of Rule 1.15 and offered practical guidance on issues including what types of funds must be placed in a client trust account, using an IOLTA account, keeping required trust account records, and employing best practices and trust account management to ensure client funds are protected and lawyers stay out of trouble.

1.25 hours of approved MCLE credit, including 1.25 hours of professional responsibility MCLE credit.

Speakers:

• Mary Andreoni, Attorney Registration & Disciplinary Commission, Ethics Education Counse
• David Holtermann, Lawyers Trust Fund of Illinois, General Counsel

Handouts:

• ISBA Mutual Essentials of Trust Accounting – IOLTA and Beyond