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An IOLTA, or Interest on Lawyer Trust Account, allows attorneys to pool smaller funds that would otherwise not earn interest outweighing bank holding costs or fees. The interest then earned off ...
The Client Trust Account Protection Program, which went into effect last year, requires attorneys to register their client trust accounts annually with the state bar, complete a yearly self ...
The Florida Supreme Court recently disciplined 13 attorneys, disbarring two, revoking the licenses of three, suspending six, ...
Some attorneys will recommend a special trust be established as the individual retirement account (IRA) beneficiary to avoid its assets becoming part of a surviving spouse's estate, all to avoid ...
Eleven former clients of seven New Jersey lawyers were reimbursed more than $75,000 in the first quarter of 2025 after attorneys misappropriated ... in his attorney trust account and later ...
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Victims of cybercrime - SCA's landmark ruling on responsibilities of affected partiesAs a consequence, the purchaser paid the balance of the purchase price into a bank account controlled by the cybercriminal instead of the conveyancing attorneys’ trust account. The fraud was ...
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