Trust accounts are the bread & butter of many a law practice. But trust accounting is the bane of far too many firms — ranking as the #1 cause of disbarments across the board. What can go wrong? And what can you do to protect yourself?
- The rules can be cumbersome; it’s easy to make an unintended error which affects you and your clients.
- Bar associations have the tools and resources to help you learn the rules.
- But when it comes to implementing the rules, you’re on your own.
Good news. The Minnesota State Bar Association has just published a FREE 53-page eBook guide that will help keep your trust accounts clean and keep you out of trouble. It’s called “Other People’s Money: Keeping Trust Accounts Using CosmoLex” and you can download it here: www.mnbar.org/CosmoLexGuide2016
While the book is written by the Minnesota Bar, like most states, its rules are also modeled on Rule 1.15 of the ABA Model Rules of Professional Conduct. Every lawyer will get a thorough education on trust accounting requirements — and a quick look at how CosmoLex can provide an end-to-end, turnkey solution that lets you meet those requirements flawlessly. Download your copy today.