The Ministry of Justice is taking forward work on whether interest on lawyers’ client accounts could be diverted to fund ...

However, the Trust Account Examiner determined that $10,5500 had been processed through the IOLTA account and disbursed through Tynan's operating account. The examiner was also unable to reconcile ...

The Ministry of Justice is gathering evidence on the feasibility and likely impact of an interest on lawyers’ trust accounts (IOLTA) scheme.

In November 2020, I wrote about what IOLTA is, what goes into an IOLTA account (as noted before a needlessly redundant phrase), and what does not go into an IOLTA account. In this article I ...

Wells Fargo & Company Monday joined the IOLTA Honor Roll, ... attorneys place nominal and short-term funds into a commingled escrow account that can generate interest income.